8 March 2021 | 6 replies
Naturally, TK's prefer cash buyers.In your case, you could buy, get it all done where the TK also puts the tenant in your property and manages it for you and as soon as that's done typically about 6 weeks after closing, you put a mortgage on the property and have the cashback for the next purchase.I always suggest looking at the performance of the properties you consider.
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12 March 2021 | 20 replies
Smartbnb is the #1 software I would recommend for self-managing, you can automate almost anything to sound natural and friendly while being completely customized.
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9 March 2021 | 2 replies
For the interior, we would carry sufficient insurance to cover a fire or anything of that nature.
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16 March 2021 | 7 replies
I also don't think it is something you can "teach" a contractor if it's not their nature.
22 March 2021 | 9 replies
However, I understand I have a natural bias toward Phoenix because it’s home.
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14 March 2021 | 4 replies
If I ever were to partner it would be with someone I have a natural relationship with where we get along and see eye to eye.
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13 March 2021 | 0 replies
I simply waited for the deal to hit the market and the price to naturally drop since it was very evidently overpriced.Once I came back to the deal, I negotiated a new power panel to be installed, to upgrade to 200 amp service, and then I offered to take the property, as-is, given the price was dropped down to $150k from $160k, so I had a little more room for error on learning with this property.
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13 March 2021 | 0 replies
I waited for the deal to hit the market and the price to naturally drop since it was very evidently overpriced.Once I came back to the deal, I negotiated a new power panel to be installed, to upgrade to 200 amp service, and then I offered to take the property, as-is, given the price was dropped down to $150k from $160k, so I had a little more room for error on learning with this property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1888156/small_1621516438-avatar-lairdd2.jpg?twic=v1/output=image&v=2)
17 March 2021 | 6 replies
So in a nutshell, I can live without STR ability on a Galveston loft property provided that: (1) 30 day leases are permitted (I always rent my properties out fully furnished - so they are good for the corporate housing by owner type tenants); and (2) there is enough demand to sustain rentals of this nature approximately 9 months out of the year or more.
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16 March 2021 | 5 replies
It's very tough to cashflow in Hawaii with the nature of the market out there.