All Forum Posts by: Account Closed
Account Closed has started 4 posts and replied 6 times.
Post: Anyone renting as furnished, or airbnb?
- Posts 6
- Votes 1
We have 6 units in a building and we have done them all furnished and use as Airbnb completely. Honestly it will be hard to go back to anything else. I never have to deal with evictions or rent collection. We live in an area that has a lot of traveling medical/college interns so the three month sweet spot works well for us. For us furnished means everything is provided. Literally all you need is your suitcase.
@Michael Dumont II thank you I would love more information!
Post: Payoff VS Refinance and get equity
- Posts 6
- Votes 1
I am having such a hard time getting my mind around why I wouldn't want to pay off my loan. I hear that equity can be pulled to purchase something else but the original mortgage is continuing to in cru interest so that by the time my 100,000 mortgage is paid off I've actually paid 150,000.
I'm wondering if there are any meet-ups in VT. Looking to participate but I have a feeling we might be a little isolated and spread out. Any interest?
Good old New England, expensive to live and profits can be slim. Any advise about investing in VT?
Post: Turning a house into a Duplex
- Posts 6
- Votes 1
We have the ability to purchase a home that has multiple options for increase profit after 3 years. Construction and rehab aren't a problem since we own a company that does that already. If the building could pay for itself with the understanding that within 3 years there would be substantial ROI?