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10 September 2024 | 14 replies
This list is just one of many data points that can help identify areas.This is a 500 ft view, you still have to drill down into neighborhoods, streets and specific houses that will work well as a STR or Vacation rental (not just an airbnb).I look for higher end vacation rental properties above and beyond what people call airbnb's.A room in someone's house can be an "airbnb" after all.I love the new Vrbo commercial with Nick Saban.
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9 September 2024 | 28 replies
I'd have to plan around that in case I have to front the rent due to poor performing rentals.
9 September 2024 | 18 replies
RentRedi works very well for me.
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9 September 2024 | 8 replies
@Chelsea SchaeferI recommend finding an accountant who specializes in real estate taxation, tax planning and financial planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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9 September 2024 | 9 replies
Hello, I hope whoever is reading this post finds themselves well.
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9 September 2024 | 10 replies
Inspectors will assess the wiring and electrical panels for outdated components that could pose safety hazards, including fire risks.Plumbing issues like leaks, low water pressure, and drainage problems often arise as well.
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11 September 2024 | 10 replies
Then I get STR data from AirDNA to ensure it's well above 1.5x LTR data.
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10 September 2024 | 7 replies
@Lucas MoralesIf you have coin op laundry in the building as well make sure you have a machine that gives quarters as I have had people use the vending machine to get their quarters for laundry and you have to constantly restock it.Personally I would say it’s not worth it unless you are far from grocery / convenience store.
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6 September 2024 | 4 replies
Hello,I am in the process of purchasing a property for $160k and plan to put 30% down with a DSCR loan over 30 years.
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9 September 2024 | 49 replies
My broker has been approached by them as well, and it sounds like the exact same thing.