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19 November 2024 | 6 replies
So I did that and my property revenue cannot service the debt but using my strategy I'm cash flowing $1100/month after PITI on a new construction home under warranty.
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21 November 2024 | 0 replies
I would say the biggest challenge was completing a whole house rehab and the paperwork for the 203K loan.
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19 November 2024 | 10 replies
For an STR they have software to help you determine revenue like pricelabs or Airdna.
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20 November 2024 | 10 replies
Our cost to do business vs the revenue a small loan generates would put us in the red.
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28 November 2024 | 23 replies
That's my biggest pet peeve.
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20 November 2024 | 4 replies
I put my criteria clearly in the listing: 3x income over rent, 85% on-time payment history on credit report, and good references from past landlord.The biggest mistake you can make is taking the word of a current landlord.
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18 November 2024 | 2 replies
Also one with low fees, and preferably not cloud based or revenue share based, any recommendations are greatly appreciated, thank you!
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20 November 2024 | 2 replies
Hey @Andrew Bosco I have not personally done it but some of the biggest data centers are going up in central OH.
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20 November 2024 | 0 replies
The biggest takeaway from this deal was the importance of balancing renovation costs with market potential.