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23 September 2024 | 8 replies
I bought a duplex in RWC in 2013 when things were a lot cheaper, and then refinanced when rates were crazy low, so that worked out well but it's a different world now sadly -- otherwise I'd love to rinse and repeat!
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22 September 2024 | 7 replies
I've got an affiliate link, doesn't cost you anything and we offer two free sessions with my team so that we at least can add some value for you using our link.
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23 September 2024 | 9 replies
So the enemy method is the way to get a good idea.Check AirBNB and VRBO and see what similar properties are doing in the area.Also, Louisville recently tightened up the rules around STRs so check with the city and make sure you are good to go for a particular property.
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24 September 2024 | 9 replies
I’d appreciate some feedback on my current approach and advice if any.Here’s what I’ve done so far:Pre-Approval: I’ve secured a pre-approval amount and interest rate from an online mortgage lender.Property Analysis: I’m using the mortgage and STR calculators from BiggerPockets to assess the financials for potential properties.Neighborhood Research: I’ve been exploring different neighborhoods using Niche to get insights into schools, safety, and livability.AirDNA: I’m considering subscribing to AirDNA for data on occupancy rates and rental income estimates.Questions:Is AirDNA worth the investment for STR data?
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24 September 2024 | 9 replies
We charge a daily fee of $50 which usually will make up for it and then some plus the additional bookings who would not have booked without the option, so in my mind it is a no brainer.
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15 September 2024 | 9 replies
I liked him and what he was offering (and being in the coaching space myself, I’m not at all bothered that he was selling something) but I’d never heard of him before, so I wanted to do a bit more digging before signing up.I am curious if anyone in the BP community has had experience specifically with him, his courses or coaching program and would mind sharing their thoughts.
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23 September 2024 | 1 reply
Bette,Great piece for REI's.Like all IRS stuff, there are sublties, so I refer folks to IRS 587, for MORE information than they really want. ha ha
23 September 2024 | 6 replies
I would recommend just going to their website and filling out the inquiry form, the agent I worked with was Kyle B but it seems like part of their schtick is that it's all technology based insurance brokering to save you $ so I don't know that reaching out to a specific agent like a normal insurance quote would work!
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24 September 2024 | 6 replies
We haven’t pursued that a great deal but we’re open to all creative ways to structure the deals, so keep’m comin. :) If you have insights regarding best practices for offering and/or structuring the equity idea over seller financing, I’d love to connect and chat about it.
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20 September 2024 | 114 replies
So where is the catch?