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26 April 2024 | 14 replies
Like mentioned before, most investors are looking at creative financed options for deals right now in the area.Creative finance, putting a lot of cash down, or house hacking can all be viable solutions.
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25 April 2024 | 2 replies
If you can demonstrate this, then there may be some options.
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23 April 2024 | 2 replies
Hi Everyone,Wondering which website is best to screen and run a background check on tenants and easy to use rental platform?
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25 April 2024 | 6 replies
This could be an option but based on where you are you might be better of looking near a national park and rental arbitrage is going to be less feasible in those areas (but still possible).
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25 April 2024 | 12 replies
Doing it this way allows you to ease your way in and costs you less up front - down payment for an owner-occupied property is much lower than an investment property, you may qualify for down payment assistance and can even use funds as a gift from a family member if that's an option.
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23 April 2024 | 5 replies
"Long-Term AirBnb" sounds like an oxymoron tbh - I think they are probably whats now being called "Medium Term Rentals" which is using platforms such as airbnb for stays greater than 30 days but less than a traditional 12-month lease.I'd check out the Medium Term Rentals forum here on BiggerPockets and the book on MTR published last year in the bookstore for more info!
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26 April 2024 | 12 replies
Hey Thomas - I'd highly recommend speaking with your CPA and an Investment Sales broker about your options when it comes buying an STNL deal to utilize depreciation.
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24 April 2024 | 13 replies
Please remember to take advantage of the knowledge and resources available to you this platform.
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25 April 2024 | 6 replies
I would estimate that if a manager was to provide this service only, they would charge a bit more as they would not be receiving continual income over the life of the lease.Feel free to reach out if you want to discuss some options that I may provide.
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25 April 2024 | 4 replies
For less then 2 years income, HML or Private money may be the best option as the lenders look at the specific scenario.