TLDR; What are the "Rules of Thumb" for STR acquisitions? In long-term rentals, there are plenty of rules of thumb that help you quickly decide if a listed property is worth pursuing. 2% rule, positive cap rate spread...
I have a 80% LTV on a conventional loan at 3.85%. I'm wondering if it's possible to take advantage of lower rates and do a HELOC at the same time? Is this newbie thinking? I'd like to avoid double appraisal fees, and ...
I am currently looking at investing in New Jersey to buy and hold. However the property taxes are expensive and eat into a lot of the cash Flow, any other investors who deal with this have ideas?
Wanted to get some advice from others on how best to harvest equity of single family homes that are currently free and clear of all debt. We would like to use these funds to help us grow our portfolio but have not bee...
If this is in the wrong section, apologies.My mother passed in Septemeber. She had a trust, which this account was transferred to prior to her passing. This is an IRA that is part of an AXA Annuity. This was originall...
So I've had my eye on a detached triplex. It is being sold by owner. He has been trying to sell it for over a year now! He is very unwilling to negotiate on his price, he wants 317k for it. It is located in a very goo...
Hi everyone,This is my first post here, and I have read the forums some time. I currently have two rentals, and I want to move into multi-family apartments in the Seattle area. I am a data nerd, and I am looking f...
Hey everyone!
I want to purchase one or two STR’s as soon as possible (Possibly in Sevierville, Pigeon Forge, Gatlinburg areas). I’ve researched the area and have a good understanding of the overall market.
I have 4...
Hello!I am looking for some advice on house hacking in the state of NH. I have been looking since December and have noticed the multifamily (specifically duplexes) prices increasing past the 600k mark. I am seeing hal...
Hi fellow STR owners!My wife and myself just purchased our first STR property in Myrtle Beach and currently are in the process of updating and getting the house rental worthy. We would love to network with other STR o...