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22 June 2024 | 7 replies
-interior floor plan not ideal for raising a family but looks ok for STR.
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20 June 2024 | 10 replies
I mentioned the temple terrace area because there are plans to expand similar to downtown Tampa.
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22 June 2024 | 5 replies
It's a loophole, and it will eventually close, everywhere.Any property I buy going forward that I plan to hold long term I will only buy in areas that are already extremely strictly regulated for STRs.
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22 June 2024 | 4 replies
Third rental has some equity and I'm planning to sell this fall, but not enough.
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22 June 2024 | 0 replies
The quick turnaround required precise coordination and efficient execution, highlighting the importance of strategic planning.
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21 June 2024 | 5 replies
Already talked to the Warren County office and they said it's a 3 month process to get STRs approved but in general the process seems to be pretty straight forward if you aren't in a HOA or in town.I have a property in the area that is a smaller 2bed/1bath that does really well and I feel very comfotable with the 3 bed numbers, but once we get to the higher range properties 3-4 bedrooms and properties that I would consider to be luxury stays for large groups, I am finding it hard to make the numbers reallyyyy make sense at a $300 ADR.
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22 June 2024 | 4 replies
I've done a couple of deals in GA where I've done some BRRRR homes now they are my rentals, I sold a house I remodeled in Augusta that I had tenants in for 2 years, and I've done some wholesale deals as well.I'm currently under contract on a house in Simpsonville that I plan to flip.
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24 June 2024 | 8 replies
Many months of rates moving at most a few basis points a week morphed into dramatic, massive movements—with bigger changes sometimes happening in one day than had occurred in quarters or years prior.Real estate investors navigating the challenging market of 2024—with mortgage rates still at elevated levels—are at an advantage when they can lock in financing terms or plan purchases while DSCR loan rates are favorable.
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22 June 2024 | 0 replies
The quick turnaround required precise coordination and efficient execution, highlighting the importance of strategic planning.
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21 June 2024 | 8 replies
We plan to put down 25-30%, and manage it as a midterm rental.