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4 January 2025 | 5 replies
That profit will increase over time and improve your return.
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5 January 2025 | 17 replies
That data would be sales price after remodel (the true numbers some agents really don't have the experience to be comping the property), the days on market you will experience (this is great info because you want to recycle the money quickly), and resources to sell the place fast not slowly which you do not want this because this could put your holding costs extremely high and push the property to little profit or no profit.
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26 December 2024 | 18 replies
I have an 8+ac parcel in Dripping Springs, TX (outside of Austin) that has two small STRs built on it. Both units are approximately 400 sqft, "yurt-style" cabins with large decks. We have 2 full years of revenue histo...
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6 January 2025 | 57 replies
In Summary: Wall Street and the stock market is handing other people your money, hoping after you let them make a ton on it no matter which way it goes, that end of day you will be left with what you put in and profit to make it worth it's while.
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8 January 2025 | 7 replies
As a broker in a wholesale market, I "buy" a loan from a lender at a discount and mark it up for my profit.
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7 January 2025 | 4 replies
Stationed there almost three years, sold with profit and tax break for how long we lived in the house.
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8 January 2025 | 10 replies
In southern Florida I fund and profit / loss is 50/50.
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7 January 2025 | 2 replies
Make sure both parties fully understand and agree on:How profits/losses will be split Who is responsible for what (e.g., repairs, management, communication with the seller).Exit strategies in case things don’t go as planned.When you do find the right partner make sure to create a joint venture agreement that outlines all of this clearly.
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4 January 2025 | 26 replies
STR is a hospitality business first, and a for-profit business second (if you want to succeed).
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6 January 2025 | 14 replies
Overall, it's been pretty profitable.