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10 December 2022 | 24 replies
Hi Steve,It looks like an easy-peasy build, no jut outs, simple roof line.Just some of my thoughts--not suggestions.[1] Will 4 identical homes lower the value of the homes vs. 4 similar-ish fronts and similar-ish sq ft, so as to appear less low scale?
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19 October 2022 | 26 replies
With that said I would not rely on just insurance.Also, another thing to consider is if you are looking to scale and how quickly you are looking to scale.
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19 October 2022 | 22 replies
However, if you plan to run your business as close to a passive method as possible or if you plan to continue to scale up and build something bigger than you 1st imagined as a host then it's definitely beneficial to research some of the different options to help take back some of your time and help put in place some real systems.
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11 October 2022 | 10 replies
I mainly got one so I could scale up after I tapped out with 10 conventional loans.
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30 September 2022 | 18 replies
I'm not sure any organization of scale in the hospitality industry doesn't have opinions on both sides of the aisle..
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9 October 2022 | 18 replies
I think you can find a number of good companies in a few markets that have been in business long enough and at scale where they can justify and explain how they run numbers.
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19 December 2022 | 12 replies
I personally would skip having to furnish it otherwise its just another "waste" expense if you go with a long term tenant.Are you looking to continue scaling?
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22 September 2022 | 11 replies
At this rate I'm forecasting extreme difficulty in scaling over the next two to three years.
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27 September 2022 | 4 replies
You may want to check with your local manufactured housing association.
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13 September 2022 | 7 replies
For the first several years, financing was limited to conventional means, whereby you would have to settle for qualifying for a traditional home mortgage, or non-QM “2nd Home” mortgage, qualifying through your own personal income and DTI.The ProblemThis type of financing makes it incredibly hard to scale, as without being able to count significant STR income to your bottom line, banks would judge you unqualified to add properties and mortgage debt because your W2 or long-term market rent (typically half of what you earn on an STR) was too “low.”