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30 August 2024 | 38 replies
What is the reversion Cap rate, assumed rent increases per year, and what is assumed economic occupancy.
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30 August 2024 | 29 replies
I think most locals are aware of the history of STRs proposals/cases in Portsmouth, Laconia’s existing restrictions limiting non-owner occupied STRs to resort/shorefront only, VT's local option tax that allows a 1% tax above the state's existing 9% tax, Portland cap on STR permits and increases tied to inflation, and it's also probably a good idea for folks to understand NH's Senate Bill 249, which proposed a "ban of local bans" around STRs and basically died on the floor(?)
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28 August 2024 | 14 replies
Will be running at a 20 cap if we get all 7 to $1100, which I think is possible.
28 August 2024 | 4 replies
Based on a quick analysis, you're looking at a ~4.2% cap rate (Before Debt).
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28 August 2024 | 7 replies
Less seasoning, no cap on how many mortgages you can hold at one time.
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27 August 2024 | 1 reply
Bringing the gross rental income to $5,800 - $7,500 a month before expenses and cap x.
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27 August 2024 | 30 replies
Incorrect, Pricing has doubled tripled or MUCH more over the last 10 years on top of the 25- 30% net cap per year,
30 August 2024 | 30 replies
Our advisor thinks we should exit soon as we have some major cap ex costs coming up.
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28 August 2024 | 32 replies
We used to get 30 35% NET caps at all in pricing of about 30k.
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26 August 2024 | 3 replies
Unless the numbers are too tight.Although if the Cap Gains goes up to 45% or something, that would change things a lot.....