John Friendas
Maximum # of DSCR Loans Lenders Will Give?
22 January 2025 | 12 replies
From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.
John Fleming
Property Management Reccomendation
14 January 2025 | 3 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
Kyle Kline
Short Note Investing
28 January 2025 | 7 replies
Hi KyleThe way most real estate for sale is priced these days there’s little to no cash flow after debt service with 25% down - borrowing a down payment would put the investor in a negative monthly position.
Peter Tverdov
Featured Agent Feedback from Agents?
13 January 2025 | 4 replies
I actually took a look at your profile and made some tweaks to mine.
Tio Sam
How to choose a design?
29 January 2025 | 15 replies
If you're looking for AI-driven recommendations, Havenly offers affordable virtual design services.
Sundone Boutvyseth
First investment property for less than 10% down
28 January 2025 | 20 replies
Hey @Sundone Boutvyseth,Mountain America actually has a private loan program for Utah investment properties that is only 10% down.
Denise Evans
Tenant Estoppel Letters
27 January 2025 | 1 reply
In other words, asking for that can actually hurt you in negotiations.
Chris Kittle
Wyoming LLC Set-Up and Recommendations
29 January 2025 | 12 replies
@Chris Kittle I’m not an attorney and could be completely wrong, so please consult an actual attorney before you do anything no matter what people say here.
Kiran Asknani
New to STR market in Massachusetts
28 January 2025 | 13 replies
@Kiran AsknaniAirDNA is within shouting distance of my clients' STR actual revenues here in Colorado.
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
Quote from @Lori Edelman: Quote from @Katee Welte: As we recall Lori you chose to not use our services on your own.