Graham Storey
Transferring a Property into an LLC
12 October 2022 | 7 replies
We are now going to rent the property at out as a traditional rental.
David Slice
Most successful marketing strategies
3 October 2022 | 11 replies
@David SliceHere are some strategies:Create a website.Build a blog.Develop email marketing campaigns.Employ virtual staging.Try experiential marketing.Partner with local businesses.Run paid Instagram promotion.Use drone photography.Create a Zillow profile.Ask for referrals.Make your own videos.Co-host a webinar.Collect and display testimonials.Leverage traditional advertising media.Optimize your website for mobile.Actively leverage social media profiles.Maintain an email newsletter.Create a standout business card.Film video walkthroughs.Invest in branded swag.All the best!
Josh Luchini
LAWN AND SNOW REMOVAL
30 September 2022 | 0 replies
Looking to see if anyone has any lawn and snow removal referrals in Racine, WI I have contacted 6 different companies with 3 of which never responded and the other 3 I have been waiting days now to send me their quote/estimate they promised me several days ago I don't have time to chase them down looking to see if anyone can help me or know anyone reputable for lawn maintenance and snow removal.
Account Closed
Regret accepting offer with owner carry in 2nd position
29 November 2022 | 38 replies
He has no financing contingency in the deal because he's not concerned about getting financing.With that said, it does give me significant peace of mind knowing a traditional lender is likely to use a max 90% CLTV.
Jim McAuley
Looking for a distressed property in Maumee, Ohio
20 September 2022 | 4 replies
I tend to be skeptical of the "motivated seller" approach to real estate investing popularized in the 1970's and 1980's now that the internet presents homeowners with thousands of real estate valuation sites.
Rj Janeczek
Looking for Military Investors with Experience in House Hacking
16 September 2022 | 4 replies
When they leave, they usually either have one of their tenants take over some of the maintenance responsibility, or they just convert it to a traditional rentals and use a PM.
Robin Simon
A Short History of Short Term Rental Financing
13 September 2022 | 7 replies
For the first several years, financing was limited to conventional means, whereby you would have to settle for qualifying for a traditional home mortgage, or non-QM “2nd Home” mortgage, qualifying through your own personal income and DTI.The ProblemThis type of financing makes it incredibly hard to scale, as without being able to count significant STR income to your bottom line, banks would judge you unqualified to add properties and mortgage debt because your W2 or long-term market rent (typically half of what you earn on an STR) was too “low.”
Chris R. Gallo
Loft Apartment in Old Mill Building
28 November 2022 | 1 reply
$60k down from liquid cash and traditional 30 year fixed How did you add value to the deal?
Charlsi Kelley
Encapsulate a crawl space,New ductwork, rotting floor joists…
11 September 2021 | 47 replies
@Marcus Auerbach I agree I wasn’t expecting this price tag either I just had the first quote and this was from more of a residential service business -I’m sure with high marketing costs passed on to traditional homeowner customers.
Susan Snodgrass
Input needed - Big Bear vs Lake Arrowhead for STR
21 November 2021 | 11 replies
There is definitely a lot more snow at Big Bear for the ski slopes.