Angelo Proto
Investing in STRs
4 June 2024 | 23 replies
Any market can work, you should consider a market that you have some 'competitive advantage' compared to others.Think of an area that you grew up in, went to school, visit friends / family, visit often, best of luck.Also, do you have any experience in rentals / short-term rentals.Air-bnb's hosts have become 'commercialized'.You will not out-perform a host who has years of experience, does this 24/7 and has a team of support.Best of luck.
Dan Gongora
HELOC rental property
4 June 2024 | 7 replies
Can refi an existing mortgage to a shorter term “Mini Mortgage.”Navy Federal 80% LTVNorway Savings Bank, MaineOmaha MortgageOregonians CU - ORPenFed max 3 other properties, including primary. 80% LTV, prime + 1%, <4 properties.
Troy Parker
Did I blunder my first home purchase?
5 June 2024 | 6 replies
Doesn't seem like it's a great "hold" on the short term but I do think it would appreciate and would increase in cashflow with how you described it and the layout.
Ryan Helling
Best thing to do with building for high return
4 June 2024 | 2 replies
Are there any zoning restrictions in terms of what businesses can operate there?
Dennis Gallof
Rent basement apt that's not legal that would reduce any potential risks as landlord?
5 June 2024 | 13 replies
In terms of hedging against your bet, you really can't say that by having a lease in place you're protecting yourself any further.
Sunjeeve Weerasinghe
Luxury Vinyl Tile vs Porcelain Tile
4 June 2024 | 24 replies
Property manager recommends Porcelain Tile (states more durable in long term) over luxury vinyl tile/plank.
Graham Atwater
Elderly owner, creative financing solutions!
4 June 2024 | 4 replies
You could always see if he will just seller finance for 30 year term because a promissory note is considered an asset and can be passed down just as a house would be able to.
Greg Hodges
Private Lending with ConnectInvest
2 June 2024 | 10 replies
Here is what the offering circular with the sec says:Important terms of the Notes include the following, each of which is described in detail in this Offering Circular: •The Notes are unsecured, general recourse obligations of the Company that will be repaid from the Company’s working capital.
Julie Muse
Decatur Flip Triumph: Big Gains with Ivan West on Woods Drive
4 June 2024 | 2 replies
Together, we negotiated favorable terms with the seller, leveraging our combined expertise to ensure the best possible deal.
Alec Bildstein
Finding Triplexes or Quadplexes
3 June 2024 | 7 replies
I have 9 doors in Denver/WI and have done short term, medium term, long term, rent by the room and I’m currently house hacking while renting out my basement and cut my mortgage in half.