Brian Gritton
Best cities for year round ski/lake demand?
15 May 2024 | 16 replies
Question is for how long?
Rudolph Shepard Jr
Notice of condemnation
15 May 2024 | 0 replies
Having a small loan on the house I talked with my banker and was told that moving the house would not effect the loan as long as the house stayed in my name.
Simone Montague-Jackson
Novel Investor Figuring It All Out
15 May 2024 | 8 replies
Keep learning, networking, and exploring opportunities that align with your long-term wealth-building goals.Good luck!
Levi Helms
Tiny Home + Land Portfolio Loan: haven't seen forums on this yet!
15 May 2024 | 2 replies
No conventional lender (that I've found) will be able to fit all this criteria, because it's very unique.Occupancy: Currently rented on a short-term basis (airbnb), however, in the process of securing long term tenants.Gross rent (for 1 tiny house): $14,400 annually ($1200 monthly)NOI (for 1 tiny house): $9,600 annually ($800 monthly)Expected Gross rent (for 2 tiny houses): $26,400 annually ($2200 monthly)Expected NOI (for 2 tiny houses): $18,000 annually ($1,500 monthly)Value of portfolio financed at 8% cap rate: $225,000Loan terms sought: 70-80% LTV loan size ($157k - $180k), 20+ year termAnticipated or actual appraisal issues: This is where one of the main problems lies.
Henry L.
STR Property Managers?
15 May 2024 | 5 replies
Thank you, Mike -- I see all of them listed are long-term rental property managers.
Jay Mayer
First time Rent Increase after 2 yrs, $100 too much on $1100 rent
15 May 2024 | 15 replies
Sorry for the long post, and thank you in advance for your insight you may have.
Jené Walker
Which Calculator To Use
15 May 2024 | 3 replies
It's also crucial to use a Debt Service Coverage Ratio (DSCR) calculator to assess the financial feasibility of refinancing in the long term.If you need any assistance with these calculators or ensuring their accuracy, I'd be happy to help.
Flavia Vangelotti
How is the Lake Nona/Orlando Market?
15 May 2024 | 17 replies
Hi Flavia, Research the local market trends, economic indicators, job growth, and development plans in the area to gauge its long-term potential.
Eric Blair
How to leverage my only rental into aquiring other properties? Help me be like you!
15 May 2024 | 15 replies
Evaluate each opportunity carefully and consider factors such as risk, return on investment and long-term financial goals.Good luck!
Jordan King
Mid Term Rental
15 May 2024 | 17 replies
You are going to get alot more people interested in long term.