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16 December 2024 | 13 replies
Like you mentioned , the prices are going down because a lot of people thought you could just buy a property and slap it on airbnb , expecting it to rent well without doing improvements , not realizing that the market would be overstaturated with " C and D " quality properties ( A+ are the properties i'm speaking of)I'm seeing that you can buy those type properties( A+ potential) that have simply been under utilized and 1.
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10 December 2024 | 100 replies
Americans are spending there $ toward quality of experience more than ever.
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12 December 2024 | 6 replies
I will be managing the property and have done a deep dive in all things real estate - screening, leases, Oregon tenant laws, etc.
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13 December 2024 | 4 replies
You can also sell them on sites like paperstac, debexpert or others as well as brokers like Mission Capital, Rams or Phoenix.Depending on quality of paper and interest rate will determine sales price - also I would say self servicing can have a negative impact on the sales price as the major players in the space are not fond of self servicing.
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10 December 2024 | 2 replies
I agree with a strong property management plan, but I find the screening process is paramount.
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8 December 2024 | 11 replies
@Aaron Gordon we did the student rentals down here in Narragansett for a long time and the more accurate screening was getting the major.
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20 December 2024 | 28 replies
Also make sure you have quality insurance with an umbrella policy.
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10 December 2024 | 5 replies
Any tips on how to screen the tenants?
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10 December 2024 | 16 replies
I have mine really nicely furnished with good quality furniture and high end finishes (quartz, stainless steel appliances).
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11 December 2024 | 7 replies
It still can attract quality tenants while cash flowing monthly.