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Anyone with hotel experience give some investing advice? I want to get into hotel investing but it's very capital intensive. I'm wondering what size of a hotel (ex: 1-2Mil size or 3-5mil or 5-10mil) would you need to ...
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I read online that:
"Fannie Mae agreed yesterday to become a “national landlord,†by support the first initiative designed to rescue renters facing eviction all across the country. The mortgage giant will sign mo...
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Hi All,I am looking at making a purchase of a vacation rental with my SDIRA. I have had long term rentals held this way and I am pretty familiar with the basic rules related to performing work, UBIT, etc.To set it up ...
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I am about to close on a newer 6 family. It is fully rented, but was not managed well either financially (less than 1 month security, very high water/laundry bills, etc.) or contract-wise (simple 1-page contract). O...
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Hi guys, I read reports on real estate investing and there is something I do not understand. Please enlighten me. I saw something inside the report like CAP RATE 15.2% ....
What is
- The meaning of CAP RATE in laym...
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I thought I'd throw this out there to see what other people have done or might do if they were in the same boat.
Just finished up two rehabs over the past month and ended up taking two very short term leases ...
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I am curious what ppls thoughts are on Estate Planning, and how often you update your Will after purchasing more and more property?Any insights welcome!
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Hey folks! I recently started using YourPorter as my PMS to help manage 25 units. It's certainly bang for your buck and does most of what I need it to, but I am wondering if anyone has 25+ properties that they manag...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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Hello,I own with a partner a commercial building here in Kentucky that we have done some work on, had an LOI and prelim contract but nothing has come through. It is about 20,000 sq ft with a parking lot and about 1.8 ...