Kristen Haynes
5 % down loan options now available for Investors- even Multi-Family!
2 February 2024 | 12 replies
If it is purely Fannie Mae, then it has to be- but they mentioned that there were 'other alternatives'- will update everyone once I find out more.
Md Khan
Turnkey duplexes in Cleveland, OH with Thomas Fischer
3 February 2024 | 7 replies
Trust but verify.Any specific questions I can answer?
Emily Anderson
STR analysis for Nashville, TN
3 February 2024 | 5 replies
To see these variables for a specific neighbourhood, I used the multiselection tool and I found these values: Music Row: Occ. rate: 76%, Avg. stay: 3.06 days, Avg. daily rate: $229, Annual bookings: 98.1Sobro: Occ. rate: 79%, Avg. stay: 3.47 days, Avg. daily rate: $346, Annual bookings: 95.7North Capitol: Occ. rate: 74.6%, Avg. stay: 3.03 days, Avg. daily rate: $339, Annual bookings: 94.0Eastwood: Occ. rate: 78%, Avg. stay: 2.95 days, Avg. daily rate: $128, Annual bookings: 103.2Sobro:Occ. rate: 79%, Avg. stay: 3.47 days, Avg. daily rate: $346, Annual bookings: 95.7Maxwell: Occ. rate: 81.5%, Avg. stay: 4.07 days, Avg. daily rate: $323, Annual bookings: 96.2Out of all the neighbourhoods, I decided to deep dive into Music Row, although I am not sure if there is a high supply of for-sale units in this area (can anyone confirm this?)
Kevin S.
LLC and spouse.
3 February 2024 | 13 replies
You dont NEED an LLC perse, if you are using a full business purpose lender that will not close in the personal name, then that specific lender will have whats called an overlay and closing in the LLC / business name is one of those requirements.
Ayelet Sigan
Analyzing the occupancy of a medium-term rental property
3 February 2024 | 5 replies
@James Carlson covered the most common tools that are out there right now and is absolutely right that there is nothing specifically tailored to MTR.
Manjunath Shetty
tips for new construction for STR
2 February 2024 | 1 reply
any specific areas you would consider going high tier?
Anthony Surach
Anyone use propstream??
1 February 2024 | 8 replies
The alternatives are Listsource, Propelio, Property Radar and your local title companies.When it comes to skip tracing, I don't think they have the most accurate data.
Tracy Cheon
What do you do to negotiate better?
1 February 2024 | 7 replies
Get several bids, be extremely specific with your scope of work, and then if you need a lower price, modify the products you have chosen.
Rod Navarro
Looking to House Hack with a Quad in Orlando, FL or 2hr drive radius
2 February 2024 | 11 replies
I started in Real Estate last year with Tax Deeds and flipped a couple parcels for profit, then as I researched more, found and fell in love with House Hacking, specifically with small multifamily, as a mean to create cashflow and eliminate my biggest monthly cost: my mortgageI currently have a Single Family Home in Haines City, FL which has gain good equity and I can probably net around 70k by sellingMy goal is to look for a Quadplex in Orlando FL or within 2h driving, just so I can drive and see the properties realistically.
James Luctamar
Struggles with a Columbus Contractor as a Remote Investor
2 February 2024 | 21 replies
In my contract there was a specific payment timeline as per the works being done.