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13 March 2024 | 8 replies
It's hard work and takes knowledge vetting flippers and their contractors, understanding rehab costs and time lines, knowing ARVs, and keeping capital deployed full time from flip to flip (which is necessary or your annual returns decline to levels that could be achieved with a less risky strategy).
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13 March 2024 | 11 replies
Like a lot of folks have mentioned Furnished Finder, Facebook, Airbnb and VRBO for 30+ day stays.
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11 March 2024 | 9 replies
Looking for information on the easiest way to get approval from hard money lender if you’re an first time investor
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13 March 2024 | 25 replies
As others have said here, I would start to ask questions like the purpose of staying here and their age.
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13 March 2024 | 7 replies
Most insurance is based on replacement cost which is the estimated cost to rebuild the property in the event of a claim.The easiest way to get your questions answered is to talk to a knowledgeable agent!
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13 March 2024 | 5 replies
The market can be vast and starting out with a thirst for knowledge is definitely the right approach.
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14 March 2024 | 11 replies
As long as you stay 100% business-purpose (i.e. no live-in flips or anything sniffing of owner-occupancy), the NMLS/regulations do not apply in most states and you will likely be good on the regulatory piece (as always, there are exceptions and you should always consult with a pro/research)
13 March 2024 | 70 replies
Any insight or knowledge would be appreciated this way:)
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13 March 2024 | 28 replies
You might find value in resources like the BiggerPockets podcast and the community as they offer a wealth of knowledge for new investors.
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13 March 2024 | 11 replies
Right now it is staying profitable as a short term, but hoping it will work as a medium term for more stability and less stress!