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12 February 2024 | 8 replies
The one you are trying to cash out you should be bale to get a 30 year loan based on cash flow of the property.
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12 February 2024 | 2 replies
Don't underestimate any of these variables in order to grow on AIRBNB- Research the market- Present the property attractively- Establish Clear Policies and Effective Communication- Keep the property clean- Know the local laws and regulations related to short term rentals.Remember that success on Airbnb is often based on attention to detail and providing guests with a positive and memorable experience.Did you find this information helpful?
12 February 2024 | 12 replies
With I&P Payments x DSCR (1.25(what banks will loan at a minimum on usually)) and that will give you the minimum NOI the property will need to achieve for you to make a return based on basic lending rules.
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12 February 2024 | 18 replies
"Maximum bid" is based on the value of the property, from comps or however you choose to derive that value.
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12 February 2024 | 19 replies
Interest rates are all based on the perceived risk of the deal.
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13 February 2024 | 12 replies
@Christie Gahan PMCs are often lumped in with used car salesmen:(In our opinion this is due to a lot of bait & switching and poor communication.No excuses, but much of this is caused by owners who are always looking for cheaper, but don't care enough about quality.It would be great if someday AI allows a PMC to track every minute their time is spent on a property and send that owner a bill based upon that time, just like lawyers do.
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12 February 2024 | 1 reply
I know in New Orleans it was just kind of assumed that there was lead based paint on things.
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13 February 2024 | 13 replies
@Travis Schmidt, first I would carefully evaluate the repairs and the costs because that sounds like an EXTREME amount of damage based on those amounts.
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12 February 2024 | 6 replies
The price difference seems to roughly be 200k vs 500k based on what I've looked at.What do you do if all of a sudden you can't swing your monthly payments?
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13 February 2024 | 17 replies
AndrewDo you still have the 3 socket meter base in stock?