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Results (10,000+)
David Rutledge airbnb friendly metro areas
26 June 2024 | 38 replies
I do not want to go into another vacation market but rather a metro area with a more diversified economy again just to get into a different type of asset.That being said I do want to continue to short term rent the next few properties we get at least in the first few years of ownership in order to increase cash flow to combat these higher prices and carrying costs before potentially converting to more passive long terms down the line.Therefore I am looking for markets that 1) have a decent draw of visitors year round 2) have regulations that allow strs in some parts of the city 3) Are in growing cities in the west or south.Below is a list of markets I have identified as potential places to look and I was hoping to get some insight from either other investors doing the same thing or agents/investors in any of these markets on whether this is potentially a good market to explore or not.1) Salt Lake City (this is right at the top of my list due to its proximity to ski resorts, expanding of the airport and long term strategic business planning of the area but I have very little knowledge of this market)2) Denver 3) Phoenix (used to live in AZ and like the fact that the state of AZ seems to look favorable on strs)4) Tucson (see above but lower home prices/potentially less appreciation)5) San Diego/LA (these are attractive because of their proximity to my home in Irvine)6) San Antonio (love that it is very close to the booming Austin and feel that this is a market that could see some real growth in the future)7) Tampa/St Pete (I have always been very interested in this market for both short term and long term rentals)8) Raleigh (have invested in Charlotte and love NC but again very little knowledge on this area)Any insights or advice on any of this would be greatly appreciated.
Carlos Lez Tenant accusing of lost items during room showing
2 July 2024 | 5 replies
This is a common scam we have seen all the time on the multifamily side and also tell people to take valuables with them or lock them away.
Gabe Morrell Is house flipping a smart way to jump into REI?
1 July 2024 | 12 replies
Timing is also important as you want renos to be completed during the peak selling time (usually late spring into summer).
Marc Shin possible to manage out-of-state short term rental without a property manager?
1 July 2024 | 28 replies
My neighbor is great and helps out a ton as needed.Using the VRBO and AirBNB apps makes things pretty easy overall.It does take time but once things are rolling, not that much really.
David C. Have millions, want to deploy... where?
1 July 2024 | 8 replies
I'm busy running my business and don't have time/ desire to be very active in any of my investments.
Graeme Harris How to serve notice?
1 July 2024 | 6 replies
You don't evict people unless they are not paying rent, you simply give them notice with the legal amount of time required (which varies by area) to move out-more time is fine. 
Billy Houston Loan types and how they fit into investing
2 July 2024 | 10 replies
If timing is critical and being able to pay cash will "win" you more offers, then you could always do a delayed finance purchase where you buy in cash and refinance into a LT DSCR rate.
Bruce S. Raphel Fort Myers, Florida investors
1 July 2024 | 21 replies
The area still seems fairly affordable at this time considering the national trends.  
Cody Journell First Multifamily Project Successful!!
1 July 2024 | 12 replies
They brought in leases over the budgeted rents and did it just in time for the end of the term.
Federico Sarcina Property manager recommendations
2 July 2024 | 3 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!