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I keep hearing people say they do buy and holds. Can someone explain? Are they turn key properties? Do they require a complete rehab? Or is BRRR & buy and hold the same thing? Thanks all.
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This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
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As a property manager, my responsibility extends beyond the day-to-day operations of maintaining a property. It also includes ensuring the maintenance of accurate and organized records, which is vital for effective pr...
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In every Syndicated deal I have been involved in, the lender requires the equity partners to be vetted, and be a signer on the loan, if their overall ownership is above 20-25%.
1. I would like to hear a len...
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Hello,I have a deal lined up and a family member has agreed lend me the full purchase price, interest only, for about 2 years while i make repairs and position the property for resale.I don't object to using their cas...
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I wanted to make this post because creative financing has been such a powerful tool for me. Of our portfolio of 117 doors, currently 39 of those are seller financed while 13 are in the pipeline to close before year en...
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Hello Everyone, I am located in Killeen, Texas and planning my next investment. We currently own 1, 4 Plex and am working on strategizing the purchase of the next one. I want to house hack the next 4plex with a conve...
I'm a new investor; my husband and I are looking to buy our first investment property out of state (we own our primary residence in CA) and do a BRRR. We are looking for a single-family home in the $100-$150k range. I...
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Alright so to start I want to give you some background. I have worked as a bartender for the last 8 years of my life. Paying off all debt and saving money. Recently became a real estate agent. Closed a deal in the fir...
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I'm six rental properties into my investment portfolio and have HELOCs on two of those properties as well as my primary home. However I haven't used them yet other than briefly on a flip two years ago. I'm embarrasse...