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11 August 2024 | 1 reply
You would have to look at number using local college group, if you need a DSCR loan let me know i can help with that to and i can use projected income from the short term rental to qualify you.
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11 August 2024 | 0 replies
to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.
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12 August 2024 | 8 replies
I've lived here my whole life and know the area and properties very well.
12 August 2024 | 9 replies
Looking at the picture, the exterior glass is smashed and they told me they don’t know how it happened and the oven was not on.
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11 August 2024 | 6 replies
They saw his hustle, got to know him and his goals, and then started teaching him.
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11 August 2024 | 12 replies
Many times, this approach has helped us avoid having to follow through with the eviction altogether because they will pay when they start receiving the required notices.Consistently sticking to the process also helps save time and energy by reducing the need to address delinquent payments on a case-by-case basis and lets the residents know what they can expect if they do not pay on time.Best of luck, and I hope this situation improves soon!
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14 August 2024 | 26 replies
Get to know the Supervisors in Finance, Inspections, and Housing Specialists (caseworkers).
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11 August 2024 | 4 replies
I must choose between incurring substantial management fees each year or self-managing the property as I originally intended, but without the security that a deposit typically provides.In curious if anyone knows what my legal options would be here.
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11 August 2024 | 8 replies
That being said- we don't know if this is real property or personal property, which changes the game a bit.
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11 August 2024 | 2 replies
Check with the town/city to make sure they don't have any ordinances on the books or in the pipeline that would affect having a short term rental there.Let us know how it goes!