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18 October 2024 | 1 reply
If you can do some math on the potential rent increases post-renovation, that’ll help justify your offer.Don’t shy away from feedback; it’s how we all grow.
8 October 2024 | 5 replies
Broke down the doors and stole all of my mechanicals + material on-site (resulting in ~$30K worth of damage)I just had a contractor walkthrough and talk to neighbors and apparently there is now a homeless man who has been sleeping upstairs (he wasn't present, however bedding was present).
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17 October 2024 | 3 replies
We do not have much seasonality, but do have some minor peaks that occur in Fall during football season and Spring for University related travel.
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16 October 2024 | 13 replies
My lender just called me quite flustered to say that he has learned that no one is doing the traditional 10% down loan for second homes, which is what I was going to use.
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8 October 2024 | 3 replies
Seems like Google doesn't partner with AirBnB like they do VRBO, booking.com, and others so that means my property won't show up as a vacation rental with the "check availability" booking link on google maps or google web search.
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18 October 2024 | 2 replies
Prioritize it, do thorough inspections, and trust your gut.
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17 October 2024 | 5 replies
Do a search on Meetup and you’ll find others.
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17 October 2024 | 5 replies
If you do not have the experience you need the credit, the right deal, and the capital cause chances of you getting max terms on deal 1 are small.I try to explain this to people all the time, it's not just you the borrower, it is the deal too.
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16 October 2024 | 5 replies
My CPA requires Quickbooks online and it seems there isn’t an easy way to do the data entry and allocations and keep those two systems inline with all the transactions.
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16 October 2024 | 13 replies
-Got lenders who do DSCR loans?