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8 July 2024 | 11 replies
I do wonder if this could be accomplished with a 7 residential unit and using one unit as a short term rental though.
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5 July 2024 | 4 replies
Construction financing is very different than financing a stabilized property which generally comes down to rate, leverage and pre-payment penalties.
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8 July 2024 | 5 replies
(And no, this isn't a request for explanation.)I don't believe in the long term outlook for crypto.
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9 July 2024 | 11 replies
Their city government website has information on short-term rentals and how to register for rental licenses/permits.
9 July 2024 | 7 replies
Looking at residential properties to either buy and flip or use them as long-term rentals.
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10 July 2024 | 0 replies
One of the principal industry concerns about the vast power granted to the Consumer Financial Protection Bureau was that these powers were too insulated from review….The ruling sends a crystal-clear message to federal agencies that their powers are not unlimited…We would not be at this point today if government agencies were more prudent and consistent about staying within their statutory authorities, grounding their rulemakings in empirical facts, and heeding appropriate procedural safeguards…Instead, too frequently, our regulators appear to be chasing headlines and short-term political wins.”National Association of Homebuilders - “Today’s Supreme Court ruling is an important step forward to advance meaningful regulatory reform because it means that federal agencies can no longer continuously change the law – and the intent of Congress – by implementing their own interpretation of statutes as long as the interpretation is viewed as being ‘reasonable.’
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7 July 2024 | 30 replies
Moreover, many use those terms interchangeably which makes it even more confusing.
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8 July 2024 | 12 replies
They have provided us with actual data quantifying how much a certain amenity adds to your short-term rental revenues.I tell all my STR investors/second-home buyers in Colorado to get a hot tub, for instance, but while I know you do better, it's been hard to put numbers to it.AirDNA's March report has tried to tell us how much more revenue a home with X amenity gets over a home without X amenity.
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9 July 2024 | 6 replies
Rates, closing costs, and points also play a huge role in making the right move and can save you extra.You also want to make sure you have multiple terms like ARM products, Interest Only, No Prepayment penalties, etc.If you want to talk REI feel free to reach out I enjoy helping when ever possible.
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8 July 2024 | 0 replies
I'm particularly passionate about owning long term rental properties and growing my portfolio.Excited to learn and connect with you all!