The modern features and amenities can attract renters, and energy-efficient designs might help keep utility bills down.

For those of you who have used construction loans in the past, how important are these features when choosing a lender?

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A mindset of patience, perseverance, and learning by doing is crucial.

Speed of Financing: Time is crucial in fix and flips, and traditional loans (like bank loans) can be too slow.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I'm in a few facebook groups with cabin owners in blue ridge and my neighborhood, and many are saying their bookings are way down year over year (some with no bookings at all), apparently due to the increase in short termrentals available.That being said, if you do buy something, I'd make sure it has some features that will set your cabin apart.

The current owner has worked in the business since 1981, and owned it since 2007.Key features:- $25k minimum investment- 4 year timeline, projected annual IRR 35% and equity multiple 3.12- adjacent to public transport, in a suburb where there is both housing demand and limited supply.- operator has built and filled a similar development nearby- You can find pictures and numbers on some of the buildings they have built and are building here (https://lnkd.in/gfbdvtnf).- You can find a profit calculator spreadsheet here (https://lnkd.in/g-2m_vZA).

Yes, I think a good team is crucial to being successful in any market and you're right - people are making money in every market.

I return to the site regularly for easy access to state statutes and new features that are added.