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18 April 2024 | 43 replies
There's a lot of sharks out there that charge way more than what it should cost.Another strategy would be to go to areas that have much lower home cost, and good rental rates.
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16 April 2024 | 1 reply
It's great to hear that Jeff Chisum and his team at Northpointe Bank were helpful in securing this for you.Adding Value: Your strategic patience and communication with the selling party to secure a deal at the right price is an excellent lesson in the importance of relationship-building and negotiation in real estate.Short-Term Rental Success: Achieving high ratings from guests is critical in the STR business.
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16 April 2024 | 8 replies
There are some benefits for financing under an LLC (super fast refis, less paperwork, lots of loans), but also benefits for personal (30 yr fixed, low rates).
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16 April 2024 | 16 replies
I usually look through several places but one of the most consistent tools I've used to do a quick check on potential rental rates is Rentometer.
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15 April 2024 | 33 replies
I am going to go to work for them get my cowboy boots and my big hat.. 4X4 with a quad in the back and my fly rod to make sure the blue Ribbon trout streams are as advertised..
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16 April 2024 | 17 replies
To be honest as an investor who owns dozens of units in several different markets I would tell you it's challenging to find great cashflow anywhere right now because we have both high prices and high rates.
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16 April 2024 | 1 reply
With four operational STRs running out of it, the estimated cap rate will be 15-17%.
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16 April 2024 | 4 replies
And I just mark up the interest rate.
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16 April 2024 | 6 replies
Pay off debt, build your credit, and increase your savings rate. 2.
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15 April 2024 | 7 replies
It's important to distinguish between repairs (deductible) and improvements (generally not immediately deductible).Utilities and other expenses: You may be able to deduct certain expenses directly related to the rental property, such as utilities or advertising costs.