FICO, experience, and LTV are also factors but this is the basis of the loan.

Your background as an electrician and experience in general contracting and project management will be incredibly valuable in the real estate world.

Hello Joshua, we invest in West Texas area, all short-term rentals (4 1/2 years experience).

From Brooklyn to Florida and Mississippi, your expertise as an investor, agent, and designer is impressive.We’re excited to have you here and look forward to learning from your experiences as you work to change lives through real estate.

Ask how many units they manage and how much experience they have.

With 30 years of experience in real estate and now owning a quadplex, duplex, and a condo STR, you’ve already built an impressive portfolio.

Thank you for the informative posts on your experiences.  

I would like some honest opinions/ experiences from everyone about my crazy plan!

these can produce good returns but best chance for success is for those that have experience in this area (I am a partner on an effort adding 8 ADUs, but it is not performing to the initial underwriting (underperforming) and it is an experienced team).good luck I get it, but not everyone has the opportunity of scale and building multiple units.

Here’s what I recommend instead:Offer Value Beyond Price: Rather than just lowering your rates, focus on adding value to the guest experience.