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7 June 2024 | 3 replies
(The first $500k is currently tax free but becomes taxable 1095 days after you moved out.)It’s unlikely this price range will make a good rental, nor is it a property you would buy as a rental if you don’t already own it.
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6 June 2024 | 39 replies
I am seeing 11% on some more expensive reservations and I saw for at 16-19% in the $1000-2000 range.
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10 June 2024 | 9 replies
Select someone who will personally invest in your success and the commission which you pay for their service is a wise investment.
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9 June 2024 | 4 replies
Some big recent news is Walmart requiring all remote work to now be in person for thousands of jobs.
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6 June 2024 | 2 replies
If you ever get sued, a good attorney will make every effort to pull you into it personally anyways.
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8 June 2024 | 2 replies
Groups are choosing large short term rentals over renting multiple hotels rooms when they present a value and experience that is compelling.So the THESIS is that the next 18 months present a unique opportunity to buy into hotel property when the prices are distressed in the short-term but the industry has great long-term trends.What research have you found to support or dispute this thesis?
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8 June 2024 | 7 replies
Hi Jason, I have not personally used them before but would be happy to go over your project in more detail to see what exactly you are looking for.
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9 June 2024 | 9 replies
Are you referring to private money specifically as like an individual person investor or also including real lending companies like Hard Money Lenders / Private Lenders?
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9 June 2024 | 3 replies
@Nathan FrostThe advantage - some will do 90% and 100% construction but recognize your signing a personal guarantee and will be paying 10-12%+ for interestBenefits of a private lender are speed to close, creativity in cross collateralizing etcThere are a lot of people on BP that think oh private lending is less strict than banks and easier to get.
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9 June 2024 | 18 replies
Here’s a concise breakdown:Conventional Loan: Your DTI is within the acceptable range.