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There is lots of concern, discussion and hesitation amongst potential property purchasers or investors for fear of a recession and decline of property valuations and/or market conditions. Although many variables are v...
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Hi,
I have a question on cash reserves for a property. I am going to try and save 5-10% of my projected cash flow every month to put in reserve, as well as anything above my projected cash flow each month. My...
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My understanding is that when purchasing a STR property using a 10% second home loan, you can't use potential STR revenue to qualify for the loan. If this understanding is true, does your revenue count towards reducin...
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It's official. The National Association of Realtors know as NAR 'settled' the class action lawsuits over conspired commissions and essentially surrendered with far reaching impacts on the industry and real estate inve...
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With seemingly robust GDP numbers, it might seem like the US economy is firing on all cylinders. However, a closer inspection reveals some significant challenges that companies will encounter in the upcoming year. In ...
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We're seeing an origination fee of 1% and lender fees between $1100-1350. I'm thinking the 3rd party fees (i.e. appraisal, closing attorney, title insurances, GA state fees, etc.) will be between $1-2k.Any tips on how...
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Does occupancy rate matter? Yes or no? I'd rather be 50% occupied, but pull in $500/night, rather than be 100% occupied at $250/night. Curious to hear your thoughts?
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I have a rental that I purchased for $58,000. It brings in $750 monthly with PITI of $375 leaving a cash flow of $375. The tenant pays rent six months in advance and will have completed a year with me in June.
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So how's the market?
I'm glad you asked 😁
This may not be the most popular opinion on a forum full of hopeful investors but the Las Vegas housing market is already building a reputation as being one of the nations "...
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I've researched attempting to locate data. So far, it's all predictive analysis. I want to hear from the actual STR operators, how has your business been impacted since March 2022 when the market shifted until now? In...