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23 April 2024 | 7 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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23 April 2024 | 31 replies
It also sounds like you enjoyed the hosting process and the communication with your guests and potential guests when you were handling your bookings yourself.So I say why not take back control of your property's bookings, get back into the game and save yourself some money?
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22 April 2024 | 3 replies
You won't make as much on each deal, but what you learn is invaluable and you can market to your friends you work with a strong team.One word of caution is you said you were considering moving.
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22 April 2024 | 14 replies
Made up nice round numbers, and yeah these are extreme just to highlight the concept:MLM tenant: 8% cap is appropriate based on comps, paying $100k/yr. $100k / 8% = $1.25m.Dentist: 7% cap is appropriate based on comps, paying $100k/yr.
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22 April 2024 | 9 replies
Don’t get caught up with just wanting to buy a property and hoping it will work out in the future based on projections.
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22 April 2024 | 10 replies
Also, you are right about wanting to have a deposit from the tenant, so they have some skin in the game to take better care of your property.
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21 April 2024 | 14 replies
Furnished Finder, Zillow, Facebook, and word of mouth is a good start.
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22 April 2024 | 7 replies
After re-reading Pricelabs' section on their recommended base price not including all the various fees (not just cleaning, but for example, Airbnb's own fees, etc.), I've reformulated the base price to consider all these fees so that it better reflects the total price the guest is paying (independent of taxes).
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22 April 2024 | 2 replies
My name is Egan and I am an aspiring rental property investor based out of Lexington Park, MD.
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23 April 2024 | 9 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.