Clint Harris
Just landed another STR ARBITRAGE, here’s the scoop
1 September 2019 | 21 replies
Sure, you increase your cash flow a little, and you get a small equity build each month, but the real value is the forced-appreciating that comes with running a tremendous amount of rental income through the property.
Chip Dozier
Indep. City headaches and potentially moving on from property
2 January 2023 | 3 replies
Second eviction took too long with the first lawyer so I forced a change in law firms.
David Miller
Giving equity to contractors
3 January 2023 | 8 replies
@David MillerOne potential problem I see is if they get equity in the property and they do not fully complete the rehab in a timely manner and you are forced to find another contractor; they are now going to have equity in the property.
John Boutros
Mobile Home Park in PA
3 January 2023 | 0 replies
Phenomenal positive cash-flow and forced appreciation.
Tim Shanahan
Realistic Expectations on Profitability and Headache
29 March 2017 | 17 replies
Appreciation is only forced here.
Chris Babcock
Tenant Heat Preferences
24 January 2019 | 11 replies
We prefer forced air heat/cooling as the air movement provides even heat and helps prevent moisture problems.
Brickford L Faucette
Subject To w/ Owner Financing and ARM
21 December 2022 | 1 reply
This would be my first creative finance deal as well, so I also want to make sure I’m structuring this correctly and using the correct terminology.Looking to purchase a STR - Lake House where there is a current mortgage (26 years remaining) with an adjustable rate that kicks in August of 2025.Sell Price: $850KDown Payment: $170K (20%) Current Mortgage: $388KRate: 3.75% (until 8/2025) Seller Finance Portion: $292K @ 4%Is there a way to structure this where the current mortgage is treated as it’s own agreement so that the payment will adjust as the ARM fluctuates?
Saaj Patel
Seeking connections in the Raleigh, NC area
12 December 2022 | 6 replies
If you are looking for properties where you can lean into a renovation and force some equity, I would recommend looking in some towns dotting the perimeter of Raleigh.
George B.
Is this commercial refi a good deal?
22 December 2022 | 6 replies
The small, local bank carrying 40% of the loan at 10years, 20y amortization with a 5year ARM.
Chris Mitton
Tenant access Issues
21 December 2022 | 5 replies
If they still refuse the police should not force their way in, since the compliance is a civil matter.