Matthew Masoud
Hot take: Personal booking websites for your STR are Mandatory
22 March 2024 | 22 replies
The reality is, it's not going to last.Only those hosts treating this as a business and offering the best product are going to keep both rates and occupancy high.
Sanjeev Advani
Warren Buffett's Blueprint: Investing in New Construction
20 March 2024 | 0 replies
New construction offers a unique blend of potential high returns and control over the investment, making it an attractive option for those looking to diversify their portfolios.The Advantages of New Construction InvestmentCustomization and Control: New construction projects offer investors the chance to tailor properties to meet current market demands, ensuring higher occupancy rates and returns.Energy Efficiency and Sustainability: Modern constructions come with the latest in energy-saving technologies and sustainable materials, appealing to a growing eco-conscious tenant base.Lower Maintenance Costs: With everything brand new, the initial years following a new construction project see significantly lower maintenance costs compared to older properties.Tax Incentives: Many regions offer tax benefits for new construction projects, especially those that meet certain environmental or economic development criteria.How to Approach New Construction InvestmentEmulating Buffett's investment strategy involves careful market research, understanding local real estate dynamics, and potentially partnering with experienced developers.
Megan Ghothane
A Teacher Ready to Pivot
19 March 2024 | 6 replies
I am a teacher in Maryland public schools and looking for a big change!
Arman Tannu
First Steps in Wholesaling and Flipping
19 March 2024 | 9 replies
Just finished a master's degree while working full time and came to a realization that more school (med school) would just mean more debt and more hours working for someone else.
Cristian Estremera
BRRRR Strategy (Basics)
20 March 2024 | 2 replies
You can also watch this stream I did for BP a few years back that might be helpful: Just know that it's harder these days with interest rates at where they are.
Joseph Romano
Pine Financial Group Fund V
20 March 2024 | 1 reply
Almost anything that has a guaranteed rate of return makes me want to scream and run the other direction, but this seems different.
Luis Astudillo
Metro Flippers Investments Lender
20 March 2024 | 18 replies
The interest rate is between 7.95% and 9.95% depending on credit score.
Juan David Maldonado
No Woman, No Cry - Current Interest Rates
17 March 2024 | 15 replies
The current interest rates are more the norm and what we saw for the last 10 years was 'free' money due to the low interest rates.
Mica Moore
Property Management Company choose expensive vendor without approval
20 March 2024 | 11 replies
If they were going to charge me 2-3x the market rate for this service I would have like to know in advance because then I would of made the cleaner arrangements. 3.
Bian Dahab
How to Find a Private/Hard money lender for a BRRR
21 March 2024 | 10 replies
Most hard money work as follows:•Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.