
16 August 2024 | 17 replies
Here's a rundown of our current financial situation and REI experience:Current Properties:Short-term rental in the mountains of NC:- Owned outright- Grosses $2-4k per month- Valued at $400kCondo in Charlotte, NC (long-term rental):- Owned outright- Rents for $2.9k per month, cash-flowing $2k per month- Valued at $350kPrimary residence:- Located in NC- worth $800k, owe $200kMy wife is also a minority partner in an investment group that specializes in BRRRing foreclosed properties.

13 August 2024 | 2 replies
Developing strong relationships with lenders can lead to better terms and quicker approvals.

17 August 2024 | 8 replies
@Ryan Short what are your trying to get out of this scenario?

12 August 2024 | 0 replies
The company is also planning to re-enter the Chicago market with several new openings in the coming years.ConclusionIn the face of economic uncertainty, these major dining chains are betting on strategic expansion as a way to navigate challenges and position themselves for long-term success.

17 August 2024 | 11 replies
Don't fall for the term sheet.

14 August 2024 | 6 replies
Maybe operate it as a mid-term/short-term rental?

15 August 2024 | 9 replies
I'm renting it out while I'm stationed in CA and its been a success so far.

15 August 2024 | 2 replies
In my short-term rentals we of course cover utilities for our residents.

14 August 2024 | 16 replies
In the past, I've had success with pulling such properties from the market, renting them for a year to see how the market changes, and then making the decision at the lease termination as to relist or not.

11 August 2024 | 1 reply
Is short term rental is good investment near Universal Studios Frisco,texas