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24 April 2024 | 42 replies
There was an issue with the HOA and the resort not actually having a pool in place at the time (they were planning on rebuilding) and we backed out.
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22 April 2024 | 11 replies
DSCR for STRs is commonly mislabeled under the "hard money" umbrella, when it's in fact a 30 yr fixed, fully amortizing loan (same structure as Conventional), with rates similar to conventional.
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22 April 2024 | 4 replies
Single families are much less common, it's mostly multifamilies.
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23 April 2024 | 31 replies
All the things they offer are services you can do yourself; email the cleaners, message the guests (which requires you give them your Airbnb login info), contact service providers if there's an issue, but not from a network of providers, just Google apparently.
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23 April 2024 | 16 replies
The bigger issue is you need the ability to manage the entire process.
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23 April 2024 | 1 reply
If you have leads but no deals, it may be a conversion or sales issue.
22 April 2024 | 3 replies
@Makenna Ryan What you're talking about is fairly common, "Land Banking" it the term I use most.
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24 April 2024 | 13 replies
so you're not going to get that promised 'cash flow' until year 5 or 7 or 10 or 15 - especially if you think about paying yourself back for that 20-25% down payment.here's a post that goes into these issues in tons of detail.https://www.biggerpockets.com/forums/48/topics/1159104-overl...i hope this helps and gives you some things to think about.
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21 April 2024 | 9 replies
Does anyone have recommendations on a platform that solves for this issue and is also user friendly for the tenants?