5 March 2024 | 11 replies
If that person is an employee of one specific bank/lender, it's common for them not to have any idea which hits are "their" hits, and which come from Fannie Mae, since they only ever see the rate/fee schedule from the one place they work at, and they aren't typically labeled that way, it just says "2-4 unit cash out:" and lists the amount of the hit in basis points, without specifying from whence it came.
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4 March 2024 | 2 replies
Purchase price: $87,500 Cash invested: $162,673 Sale price: $210,000 Buy: Purchase Price 87,500Rehab: Renovation Budget 74000Profit: 47327 What made you interested in investing in this type of deal?
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4 March 2024 | 18 replies
This is a snippet from an article written by Onera Group.Short-Term Rental Analysis in Okaloosa Island, FloridaThe base of our short-term rental analysis is outlined below:First, we will identify areas in Okaloosa Island that consistently experience high demand for short-term rentals year-round.Next, we will narrow our analysis down to a specific subarea, considering factors like occupancy rates, average stay, daily rates, and annual bookings, among others.Then, we will identify the precise characteristics of top-performing listings in this subarea, including property type, number of bedrooms, bathrooms, key amenities that drive demand, among others.Next, we will reveal how top-performing hosts in this area adjust their daily rates throughout the year, capitalizing on the seasonal trends in the short-term rental market.Finally, we will conduct a financial case study to determine the expected net annual return of a listing available in the for-sale market within that specific area in Okaloosa Island.Analyzing High-Demand Locations for Short-Term Rentals in Okaloosa Island, FloridaThe first stage of our analysis involves finding areas with high demand for vacation rentals on Okaloosa island.
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5 March 2024 | 3 replies
Newbie here and looking for some specific advice on investing in our first STR:*How can I find a mentor?
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5 March 2024 | 11 replies
We specifically talked about trimming the tree in the left from corner, but trees all over need to be trimmed.
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6 March 2024 | 13 replies
To find specific lenders I always recommend speaking with other investors in your market first.
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4 March 2024 | 3 replies
I’ll take that into consideration on future projects when budgeting or analyzing a deal.
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5 March 2024 | 4 replies
And remember, consulting with legal and tax professionals can provide tailored advice for your specific situation.Happy to chat more if you have any questions.
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4 March 2024 | 5 replies
You have to deliver specific forms, and a relocation fee to the tenant is required.This RSO website will answer your questions:https://housing.lacity.org/res...Good luck!
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5 March 2024 | 6 replies
Unfortunately as others have mentioned there are not great data tools for MTR specifically.