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22 April 2024 | 2 replies
I have created an LLC for asset protection, bought a mentor program for mid-term rentals and obviously the biggerpockets.
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23 April 2024 | 7 replies
Hey Reyna - It sounds like you're planning to occupy a unit in order to qualify for 3% down, correct?
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23 April 2024 | 2 replies
In fact, we have a bulk package plan on all of our homes that allows us to earn a tidy profit simply by providing internet service.
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24 April 2024 | 6 replies
Most guests with ample notice will be somewhat flexible, however you should have a contingency plan in place for when you have a guest that is not.
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24 April 2024 | 4 replies
We have in effect done a pocket veto as we have not responded, but I plan on responding indicating we need above LTR rates otherwise we can just switch to LTR increasing our revenue due to reduced expenses.
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24 April 2024 | 11 replies
My lender packaged and sold my mortgage, and when I called the new servicer to inquire about a HELOC/ Home Equity Loan they told me I wasn't eligible because of my short ownership duration.I am planning to pay for most of the improvements with cash I have on hand from my W2 job, but I want to get something set up in case of an emergency repair/ use towards other investment opportunities.
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23 April 2024 | 11 replies
I would make sure you are very clear with your client what the rules are in the areas they are planning on purchasing an STR.
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24 April 2024 | 5 replies
Planning on enforcing fines and using a camera to monitor the area.
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25 April 2024 | 14 replies
You can still find cashflowing properties in the STR areas people have been investing in, butit is just hard to find "great cashflowing" properties producing +25% cash on cash returns when planning accordingly for capex.
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26 April 2024 | 40 replies
We had changed everything in our plan, I mean everything, and we had to press for an absolutely insane price, knowing we would have to accept whatever comes closest.