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8 April 2024 | 35 replies
(for that matter they will not be lower then a 10 arm with amortizing payments) as interest only actually adds a layer of risk to the lender.
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8 April 2024 | 21 replies
first of all, thank you for your reply and i really appreciate the acknowledgement from other investor as i keep second guessing myself in this deali think what freaked me out a bit was when i found out about the 3rd floor exterior siding and it's rather difficult to find contractor who work with scaffolding yet not break a bank, i eventually found a contract who i worked with in the past that can do it, but this event kinda make to second guess my decision
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9 April 2024 | 15 replies
From the property management perspective, yes...hot tubs (actually in-ground spas) can be a pain.
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8 April 2024 | 4 replies
I actually do need to find a property in the next 90 days due to my work situation changing, but it seems like an almost impossible task.
9 April 2024 | 13 replies
It is easy to assume, but assumptions are only guesses and often clouded by our view of people.As you are out of state and this is clearly causing you stress, I would suggest talking to a few local property managers to see if they can take over management of the property.Vacancies do cost, though the price someone else quoted is higher than I've ever experienced outside of an eviction where lots of stuff was left behind and the place was not taken care of (both of those were probably $6K once I factored in lost rent).
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8 April 2024 | 5 replies
Did you find an agent in the Gorge who actually owns an STR there?
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8 April 2024 | 4 replies
A big one is cold calling but things like mailers, door knocking, mass emails any sort of direct response marketing is great to find actual deals.
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9 April 2024 | 24 replies
Actual cashflow vs spreadsheet cashflow are two very different things.
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8 April 2024 | 14 replies
Was actually denied for a commercial because it's stripped to the studs and deemed uninhabitable.
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8 April 2024 | 37 replies
If you are then who is actually paying all that interest?