8 June 2024 | 15 replies
Collect your money.Realtor is not licensed to talk about rates, loan terms, legal...
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5 June 2024 | 1 reply
The community understanding Short Term Rentals are needed, so they do not create overreaching rules and regulations.
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11 June 2024 | 46 replies
I don’t think there is a ton of juice in advanced analytics (in terms of selecting houses).
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7 June 2024 | 15 replies
A credible lender will be happy to provide them.Experience: Check how long the lender has been in business and their experience with similar projects.Red Flags:Upfront Fees: Be cautious of lenders asking for substantial upfront fees before any services are rendered.Lack of Transparency: If a lender is not transparent about terms, fees, or the loan process, it’s a red flag.Unrealistic Promises: Beware of lenders promising guaranteed approvals without a proper assessment or offering terms that seem too good to be true.Poor Communication: Difficulty in reaching the lender or getting clear answers can indicate potential issues down the line.By conducting thorough research and due diligence, you can confidently choose a reputable hard money lender that meets your needs.
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7 June 2024 | 1 reply
Durability in harsh environments, long-term value, and integration into existing neighborhoods are all factors to consider.I'm curious to hear your thoughts!
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7 June 2024 | 1 reply
The lease was recorded with the county but has no terms in it stating that lease transfers with a property sale.
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8 June 2024 | 21 replies
I'm just trying to point out that "cash flow" is actually pretty elusive right now on a vanilla long term rental, in ANY market, without some kind of niche or creative strategy.Run the numbers.
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7 June 2024 | 11 replies
You can find other locations in Texas that will have better initial cash flow but I suspect will not do as well in the long term.
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4 June 2024 | 9 replies
As for the properties you manage in the area, are most short-term or long-term rentals?
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8 June 2024 | 22 replies
We also strive for long term tenants and have had tenants who stayed more than 30 years.