Katriana Boncorddo
$420K duplex too much for 99K salary?
28 June 2024 | 1 reply
The exception would be if this was already permitted for STR - short term rentals VRBO then it might be worth it based on location.If you just want to buy a home and have a unit to help cover the mortgage I would still insist on lower price point or NO HOA to help get the total mortgage down so that the other unit covers 50% of the overall payment.
Vishal Amin
DSCR Loan 8.62%
30 June 2024 | 4 replies
Its going to be more about those factors than any local market factors for DSCR Lenders.The lender should have gone over the prepayment provisions more closely before closing, but assuming you likely have whats called a "stepdown" prepayment penalty shorthand called "5/4/3/2/1" - this means that you can refinance and prepay, however if done in the first year of term you will have to pay a 5% fee, second year 4%, third year 3% etc.
Devon Moore
Direct Booking Sites
1 July 2024 | 13 replies
I am planning to start a direct booking site for my short-term rentals.
Isaiah Moore
First Direct Mail Letter
29 June 2024 | 20 replies
"My name is Isaiah, I am a local investor looking to start my investing journey and have started by identifying some properties with long-time owners with good equity.
Tony Stephan
CLOSED: Welcome to Golfview 100 Unit Apartments!
29 June 2024 | 0 replies
The plan is to come in and improve the NOI over the next 12-24 months then implement a strategic cash out refinance and move to long term permanent agency debt.
Josh Goertzen
Inspector And Investor
27 June 2024 | 4 replies
Hello all,I am a real estate inspector who recently started investing in real estate.
Dennis Bethea
Are there any Airbnb managers in Hidalgo County?
30 June 2024 | 5 replies
Hey everyone,I’ve got a friend who own’s a very large home with a pool, and is trying to find someone who can be her short term rental manager.
Melissa Faraias
Should I rent to a tenant who is a convicted felon?
28 June 2024 | 16 replies
I would say no, but that's a long time ago.
Steven Silbert
Building Costs in California
29 June 2024 | 6 replies
In terms of new construction, a couple things to be aware of in San Luis Obispo County are water shortage issues and development fees/taxes which can significantly increase the building costs.SLO city and the neighboring cities are particularly diligent on their water usage, as most of the county's water supply comes from three surface water reservoirs and a groundwater basin.
Tyler Puzio
Mixed Use Long Term Hold
25 June 2024 | 0 replies
Investment Info:
Mixed-use building
Purchase price: $405,000
Cash invested: $20,250
Mixed use investment. 2 residential units with 1 storefront
What made you interested in investing in this type...