All Forum Posts by: Ross Stuart
Ross Stuart has started 1 posts and replied 4 times.
Post: Michigan Vacation home/STR
- Posts 4
- Votes 2
Thanks @Jon Martin. Here are some lakes I'm looking at; Siver Lake, Pentwater Lake, Hamlin Lake, Manistee Lake, and Lake Michigan Coastline from Manistee down to Silver Lake.
Is there a percentage you use for analyzing deals in regard to vacancy management, etc. STRs have very regional number fluctuations vs LTRs. I'm trying to understand how to properly analyze homes.
Post: Michigan Vacation home/STR
- Posts 4
- Votes 2
Does anyone have an STR on a lake in west (north) Michigan? wondering bout vacancy rates to compare. and what management fees are running?
Post: Financing and STR questions
- Posts 4
- Votes 2
Thank you! @Robin Simon, @Drew Sygit I hadn't heard of FNMA Loans / secondary home options! This is good stuff to research!
@Zeona McIntyre certainly reach out with there contact info.
Post: Financing and STR questions
- Posts 4
- Votes 2
I'm looking at a STR in Northern Michigan and looking for a realtor and financing help. Currently looking in Ludington area.
Currently have 2 residential multi’s in Chicago and looking for a second home / STR.
Would like to see what my financing options are for lower money down, 5 or 10%. And an experienced investor realtor. As well and knowledge of the STR regulations in the area.