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Updated about 9 years ago on . Most recent reply

User Stats

37
Posts
2
Votes
Patrick Russell
  • Real Estate Investor
  • Jerseyville, IL
2
Votes |
37
Posts

presentation for the bank on a vacation rental

Patrick Russell
  • Real Estate Investor
  • Jerseyville, IL
Posted

Morning bigger pockets. I have a question or two about vacation rentals. I have a contract on one but i'm looking for the best way to present it to my banker as a good investment. My question is what is the best route or what all should i put on paper explaining my plans for the place hoe much it will rent for how many times a year etc. Any help is greatly appreciated as im new to the vacation part of rentals. Thanks-Pat

Most Popular Reply

User Stats

63
Posts
21
Votes
Aaron L.
  • Rental Property Investor
  • Lincoln City, OR
21
Votes |
63
Posts
Aaron L.
  • Rental Property Investor
  • Lincoln City, OR
Replied

@Patrick Russell you could try these calculators as well (information may need adjusted, however, the general form, with some tweaks, could be great for a presentation). 

https://www.biggerpockets.com/buy-and-hold-calcula...

http://www.rented.com/rented-rental-grader/

http://jerrybarker.com/vacation-home-specialist/re...

http://jerrybarker.com/vacation-home-specialist/sh...

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