Austin Shandley
Refinancing property in LLC
2 September 2021 | 12 replies
You simply cannot transfer into an LLC and change occupancy to investment within 12 months of the note date.
Chris K.
STR use garage for recreation and no cars ?
4 December 2021 | 12 replies
Making it an experience will increase your revenue and occupancy.
Josh Benjamin
How to finance a Fix-and-Hold Duplex Househack?
30 October 2022 | 2 replies
Hard money wont finance if you live there they like like to avoid the dodd frank laws and primary occupancy consumer protections most likely so you'll be left with heloc options to tap equity, 401k loans from your retirement, savings/cash, and cash advances to fund your rehab.
Linda Bar
Roscoe vs Margaretville NY STR Viability
1 November 2022 | 4 replies
Also, what occupancy rates have you been seeing?
Kiran Dhaliwal
Joshua Tree, CA - STR Outlook
12 October 2022 | 2 replies
In general, and we're seeing this across the country and not just local to JT, although demand for STRs is up year over year, the new inventory has outpaced the demand which has affected average occupancy rates.
Gaya Haas
Newbie needs help !
17 October 2022 | 7 replies
You will be hard pressed to find a 10% down loan for a non-owner occupant property
Juwan Parker
Best ways to analyze a storage unit deal
27 November 2022 | 4 replies
You can do this by looking at the existing square footage of self-storage in your radius and the population in your radius, and can secret shop facilities to try to gauge occupancy and demand.
David Gauger
AIR DNA accuracy on projected rental incomes
26 November 2022 | 39 replies
What is the occupancy?
Wala Habiby
How to analyze a Storage Facility
29 August 2022 | 5 replies
A 70 unit facility most likely won't be able to support a on-site manager.We run our facilities remotely and utilize a local caretaker for on the ground tasks.When it comes to running numbers, my back of the napkin math looks like this:Projected gross income (I'm usually looking at a $/SF number between the 10x10 and 10x15 sized units of nearby competition)x 90% occupancy- 35% expenses= stabilized NOIObviously, this is a gross simplification, but is typically where I start.If you do get into storage, you'll find that it is a great business to be in.