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10 April 2020 | 27 replies
If you are suffering from Analysis Paralysis, it's often not about the deals, but about your confidence.
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14 March 2020 | 6 replies
I travel 24/7 but invest in Northern Michigan and the Fox Valley Area in Wisconsin but I’m mostly traveling outside of those areas.
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14 April 2020 | 63 replies
A 5-day booking scheduled to check in tomorrow just cancelled, so I'm out 5 days of revenue with almost zero hope of rebooking.While I'm all for people being responsible about their travel plans, I'm not all for hosts getting hosed - if AirBNB wants to play travel insurer, they should do it with their money, not mine.This is one of many reasons I'm glad my STRs have fat margins, because if this goes on for long there's going to be belt-tightening happening!
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22 March 2020 | 6 replies
Recession Risks Increase if Consumers Lose Confidence: Not only will financial market losses impact household wealth, they have the potential to undermine real economic growth.
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23 March 2020 | 9 replies
Most wont do this because they don’t have any specific buyers; they aren’t knowledgeable enough to have confidence in their own ability to analyze the property; they have no money; and or their not really committed to their “business”.If I want someone to “try” to sell my property I can list it with a real estate broker where I’ll be able to obtain the highest market price at the time and have it exposed on a national basis through all the major online platforms.
18 March 2020 | 8 replies
You'll want to be extra confident the property is free and clear from all liens, given the circumstances.
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15 March 2020 | 2 replies
It was rental arbitrage and if we were able to keep it longer it would have made a killing (the first year we just recouped the costs to furnish it and get it up and running) but the owners sold it :( However I'm very happy we don't have it right now, when the ski areas are shut down during high season and this virus is limiting all travel.
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26 March 2020 | 2 replies
- Do you typically have to travel further to get better deals?
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30 November 2020 | 435 replies
International travel is at zero.
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20 March 2020 | 15 replies
A real private money lender would know the answer to this question and would not even do the loan unless they were confident in the borrower and the value of the asset they were lending on.