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25 September 2024 | 12 replies
If the renovations are significant and the market supports them, the property will likely stand out.
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26 September 2024 | 3 replies
Yea it seemed like this was an owner occupied loan.
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25 September 2024 | 7 replies
It's Like comparing apples to oranges.
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25 September 2024 | 6 replies
sounds like theft is a big issue for you guys.. that sucks..
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26 September 2024 | 6 replies
Giving up a guaranteed increase in value with them using their own capital to increase the square footage would seem like a no brainer, but how much are you losing if you remove the drive thru and can't put it back.I would talk to commercial brokers and other owners in your area to see the value of a drive thru.
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26 September 2024 | 4 replies
I think there are some sites that let you post land to camp on (i.e. tents).I'm not sure what the weather is like there as the only thing I know about new mexico is what I saw from breaking bad. :-) But you might want to even consider putting up a yurt (glorified commercial tents that are relatively cheap) and furnishing it and then renting the place out on airbnb.Is there good fishing on that river?
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25 September 2024 | 17 replies
Are there any comparable and reputable companies like this I can reach out too?
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26 September 2024 | 8 replies
Additionally, you can network with other real estate professionals and investors—if they own STRs, they can likely refer you to their CPA.If you prefer not to attend in-person meetups, consider joining local real estate groups online to connect with both tax professionals and investors.
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25 September 2024 | 37 replies
What is the DSCR Requirement - Look for a 1 to 1 ratio, anything higher like 1.2x might force you to put more money down.
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25 September 2024 | 22 replies
Cash flow at $250k/yr is just beginning to pass appreciation as the builder of wealth.Treat your real estate like your 401k.