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12 January 2025 | 7 replies
If you plan to live there in the winters, you might have a hard time doing long term rental outside of that and finding a new tenant every summer.
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24 January 2025 | 3 replies
Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health) and choose the one that is most “stable” with the best potential for long term tenancy.This advice is contrary to maximization of rental income, but IMO will reduce expenses of tenant turnover, property damage, property management fees so much that the difference in bottom line income will be quite small.
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18 February 2025 | 0 replies
If you are considering working with them, I strongly advise you to double-check the provided rates and terms carefully.During my loan process, I discovered that they had added a yield spread interest without informing me.
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29 January 2025 | 0 replies
Divide the long-term vision into manageable steps.
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28 January 2025 | 8 replies
While the prices are attractive, I'm concerned with its long term viability.
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29 January 2025 | 32 replies
For me personally long term rentals add another layer of complexity and staff needs.
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19 February 2025 | 14 replies
This gives you the chance to do any work needed and/or stabilize the multifamily so you can get optimal terms for your perm financing.
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15 January 2025 | 39 replies
They bring higher tenant turnover, limited cash flow, and attract traditional tenants who aren’t your ideal long-term buyers.
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25 January 2025 | 3 replies
Quote from @Ryan Pham: Is there a reliable way for to est income of a furnish / short term / airbnb incomevs long time income ( I know this can be est looking at comparable posting in same area )I have a 3 bed / 1 bath small townhome ( hoa approved ) I like to try to fully furnish and do airbnb / fully furnish rentalThis unit is 1 mile from Banner Desert Medical Center ( traveling nurse ?
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29 January 2025 | 6 replies
I have STR, MTR, and Long term rentals.