Katherine Waddell
Any Maine Kennebunk/Wells/Ogunquit/York STR owners out there?
13 February 2024 | 6 replies
I typically get weekend rentals starting in May thru June.
James Heiberg
Another guy just starting out
12 February 2024 | 13 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Jessica DiPonziano
Questions about photos
13 February 2024 | 15 replies
Also do you have an example what you mean by a blurred part of the photo?
Barr Balmuth
Question for real estate agents who specialize in STR
13 February 2024 | 3 replies
If so, what kind of services are you typically recommending and which do your clients most need/appreciate?
Peyton LaBarbera
Who is typically an EAT or Exchange Accommodation Titleholder?
11 February 2024 | 1 reply
I am looking into reverse 1031 exchanges and came across the term EAT. I know what this person's job is but I am just confused about where I can find one. Do they possibly work for a company that does 1031 exchanges?T...
Niraj S.
Buying a model home and leasing it back to builder
13 February 2024 | 1 reply
The home is typically used as a model home so there will be very little damage.
Vincent Fiorilli
How to analyze properties from a listing
12 February 2024 | 12 replies
You would have to explore other purchasing options like putting down a sizable down payment to bring down PP, ask the seller if he/she would be open to seller financing at a lower borrowing rate on all or some of the PP, work with a partner who could put up some of the money, etc...To provide a more simple resonse for this example, PP X CR = NOI.
Dillon O'Connell
How do I get started flipping houses?
14 February 2024 | 21 replies
Let’s say for example it is $100/sq ft so you want to buy for a max of say $80/sq ft.
James Hodgson
Investing in Renovations/Updates for Higher Rent
13 February 2024 | 3 replies
The higher end cost($30k) that you are estimating is typically for a down unit and becomes a must-do base capex expense to even rent the unit.
Justin Johnson
My First Rental Property Freak Out
15 February 2024 | 72 replies
They typically spray right along where the drywall meets the trim.