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4 March 2024 | 31 replies
I was able to ask my long list of Bigger Pockets crafted interview questions and he answered them all to satisfaction without hesitation or objection.
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4 March 2024 | 14 replies
One useful resource for networking and education is BiggerPockets.Make sure your investing objectives are clear.
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4 March 2024 | 71 replies
And lastly, when Pace introduces a concept in the subto course and reassures us that all our questions and objections will be answered because "we'll go into all that later on in the course," does he actually answer them or does he keep kicking the can down the road till you get to another paywall?
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3 March 2024 | 1 reply
Make sure to carefully look into what and who you are investing in and whether their track record and experience is a good fit for your investment objectives.
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3 March 2024 | 7 replies
Our tenants never object to any of this.
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4 March 2024 | 18 replies
., in Okaloosa Island.Here is a summary of our findings from the previous sections:There are two demand hotspots for short-term rentals in Okaloosa Island, with the one located at the southwest of Santa Rosa Blvd exhibiting a higher occupancy rate (69.6%) and a higher average daily rate ($306).The top-performing listings in this area typically feature 2 bedrooms and 2 bathrooms, with 5 out of 8 listings having these exact characteristics.We have analyzed a chart containing the top 100 most common amenities for top-performing listings with 2 bedrooms and 2 bathrooms.The high season extends from March to the end of November, with May and July being the peak months.The average daily rate for a 2-bedroom / 2-bathroom unit in this area throughout the year is $306, with an average daily cleaning fee of $20.Now, assuming we have located in the for-sale market a 2-bedroom / 2-bathroom unit meeting all our criteria, our objective is to run a financial case study to estimate cash-on-cash returns and other relevant parameters.The chart below presents all the inputs for our financial case study:Some observations:We anticipate receiving 40 reviews within a 12-month period, which is a conservative estimate based on our previous analysis.The bookings to review rate has been established at 85%.
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1 March 2024 | 4 replies
Anyone have experience with objections for subject to deals and how you went about them?
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29 February 2024 | 15 replies
I personally know of people who chased the STR Shiny object, could make it work and had to sell at a loss.I think these people didn't do a great job of due diligence and were overly optimistic of what they could make.
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1 March 2024 | 28 replies
Put this under a trust for their future benefit.Nothing creative about the above, but the fastest way to achieve your objective.
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29 February 2024 | 7 replies
However, multifamily properties may offer more considerable long-term rewards if you're ready to take on the challenges of maintaining numerous units and are interested in gradually creating a larger revenue stream.The optimal decision ultimately comes down to your own investment objectives, risk tolerance, managerial skills, and the particular market dynamics of the regions you're thinking about.