2 July 2024 | 5 replies
Not sure what your short term rental regulations are for your area, but if HOA allows, airbnb could be a great way to acquire short-term, mid-term, or long-term roommates.
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3 July 2024 | 4 replies
Our group doesn't want to create a huge number of vacancies, so some of the NOI is being trimmed in the short term.
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3 July 2024 | 14 replies
But if you decide you are going to permit it, you need to have a contract drafted that protects you in case he is negligent or doesn't comply with the terms of the agreement.
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2 July 2024 | 29 replies
It is a rate-and-term refinance, so I was able to do it immediately.
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4 July 2024 | 7 replies
Please notice how in my original post, I posed questions.
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2 July 2024 | 6 replies
However, you could do a quick bridge loan at a high interest rate and then do a dscr rate term refi to get out of the high interest.
3 July 2024 | 13 replies
On top of that these markets have done very well in terms of appreciating in the last 5 year (See Memphis 50% increase, See Detroit 100% increase).
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1 July 2024 | 12 replies
Somebody said 30 days and everyone followed suit.I was a the Dr last week and the Nurse said Charley Horse.I asked if that was a medical term, which it isn't.
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3 July 2024 | 14 replies
If the constant turn-over bothers you, but you like the idea of rental income - maybe the long term rental is the way to go.
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3 July 2024 | 8 replies
If you intended to keep them long-term, it doesn't really matter what their market value is right now.