Kevin B.
First Deal: A Househack via AirBnB - smart or not?
Looking for feedback on my first real estate deal. I am planning to build an 800 sqft. loft apartment over my free-standing garage (at my primary residence) and turn it into a short-term rental marketed through AirBn...
James R.
Glut of STRs in Every Major Market. The Elephant in the Room.
There seems to be a glut of STRs in every major market, yet there are RE agents out there telling people that there is demand.There may be demand, but if the owner cannot book their place to cover the costs, how can R...
Josh Brost
General Curiosity - What is the Sentiment on your STR Property(s)?
Hey everyone,
I wanted to get a sense from people who have STRs on how they view the current landscape of STRs, and how they feel their properties are performing? I've helped numerous clients find STRs. One client of...
Christopher Perez
Real Estate & Lending Go Hand and Hand..same language not so much
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Darryl Dahlen
Great read on different capital markets
I received this from one of my lenders and thought that it was too good not to share. As someone who primarily funds loans from CMBS, agency, and insurance companies I think this info is on point.Despite turbulent ca...
Tyler Hallman
Cap Rate.. based on previous owners purchase
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...