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12 March 2024 | 6 replies
For this service were we saved his financial butt I charged 3X of what he would have paid with Kiavi or Lima one etc.. but those guys cant move like we move.. so it all worked out And thats pretty much the niche i have carved out..
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11 March 2024 | 12 replies
I do however know a few people that have scaled up STR businesses here, like one friend/client who has 12 and there are some bigger players for sure.
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12 March 2024 | 6 replies
I am willing to learn as much as possible so please suggest materials and conferencesThank you Just a word of advice, if you ask for advice to be honest most people are gonna try to sell you on their market and ultimately their service or course, you need to figure generally the direction you want to go, your risk tolerance, the area, the trade offs between appreciation and cash flow, understand, it’s going to be hard to get much if any cash flow in this market, brrring & flipping are close to dead with the exception of a few areas in dc and a few rural markets, even there it’s difficult, come up With a basic plan than go into a conversation with whoever you work with and at least understand the right questions to ask, the best comparison I can make is my mom always makes me go to the mechanic with her, even though I can’t actually fix the car, I can at least talk the same language as the mechanic.
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11 March 2024 | 22 replies
Access to the Multiple Listings Service (MLS)The MLS has a huge inventory of active properties on the market.
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12 March 2024 | 7 replies
The folks I know who work with them seem happy, but I know you have to pay for their strategic planning before they will onboard you as a client.
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12 March 2024 | 22 replies
If you haven't already, a professional eviction service might offer additional strategies for dealing with difficult tenants and can coordinate with law enforcement to ensure safe access for inspection.Hiring private security for a short period post-eviction can help ensure safety.
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12 March 2024 | 15 replies
I am not familiar with other states, but in MI, STR rules change all of the time, so I am constantly telling that to my clients who want STR properties.
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10 March 2024 | 8 replies
Specifically in reference to what is owed if a client terminates services.
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12 March 2024 | 24 replies
I helped a client with a DSCR cash out here in Scottsdale a couple of months ago.
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12 March 2024 | 5 replies
So increase NOI, then you can back into a rough number on what your loan proceeds will be based on your forecast debt service upon refi.