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23 October 2024 | 5 replies
That is the best way and usually how I operate especially in the slow season to keep my subs busy.
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26 October 2024 | 50 replies
You went through that entire season and didn't even get inquiries.
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23 October 2024 | 10 replies
I think this is a valuable reminder to newer or less-seasoned investors, that successful STR's are BUILT, not always bought. #3, Old coach is my favorite!
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17 October 2024 | 9 replies
@Dan DeGroff - I think you can probably do this as a primary residence since the scenario makes sense (e.g. you travel to Aspen for work during ski season), however, there are some major red flags here that you will need to explain and support during underwriting (e.g.
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21 October 2024 | 11 replies
I.e. the value-add player that has moved to more core deals, or heavier performance alignments shifting overtime to more fee heavy structures.
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21 October 2024 | 13 replies
We’re thinking it could be seasonality, especially since our place is ideal for families and perhaps most families have done their moving for the year before school starts.
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22 October 2024 | 8 replies
I am considering buying a quadplex as a house hack, but the eventual goal would be to move back into my current primary residence rather than buy another, so the seasoning period for me to get another loan would not apply.
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20 October 2024 | 14 replies
I'm in Chicagoland and we have what I call a "seasonality effect."
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21 October 2024 | 3 replies
It will be not only complex (but doable) to secure financing for it, but the real issue is that if you ever want to sell it, it will be super difficult for prospective buyers to secure financing unless they are seasoned investors which limits your potential buyer pool and potentially your offloading price.
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21 October 2024 | 6 replies
The "BiggerPockets Real Estate Podcast" is another resource I would suggest listening to for advice from seasoned investors.