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11 September 2024 | 69 replies
.- Almost impossible to get any kind of unit damage paid for beyond what you have in a security deposit The rest of your statements about the homes needing a ton of work, contractors costing the same, and dealing with properties that are very tough to force appreciate are spot on.I personally do not invest in Section 8 housing anymore because they are normally cash flow purchases.
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8 September 2024 | 101 replies
Your spot on though with what we are looking for.
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5 September 2024 | 15 replies
Assuming you're contracting it out make sure you get multiple bids and I'd do the bare minimum inside or do that yourself (unless you're going to make it a hangout spot as a feature for guests - could also do this over time as you see increased cash flow).
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4 September 2024 | 7 replies
In highly touristy areas like lakes or vacation spots, an STR typically generates higher income from short stays but may not attract long-term tenants due to seasonal demand.However, if the property is in a more versatile location, such as near schools, businesses, or urban centers, it may work as an LTR, providing steady income and fewer management demands.
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5 September 2024 | 10 replies
I’m in a great spot financially and can’t wait to explore my options and dive in.
6 September 2024 | 9 replies
If there is a large amount of mold or potentially mold in spots you can't remediate, hire a professional.4.
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4 September 2024 | 14 replies
Can't speak for AirDNA, but you don't have to have sophisticated software to know that Galveston is a great spot for a vacation rental.
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5 September 2024 | 6 replies
I plan to start out wholesaling learn how to spot good deals and then transition over to flipping.
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4 September 2024 | 8 replies
While my primary goal is to make money, I have a soft spot for those with addiction.
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5 September 2024 | 11 replies
When the fed was hounding them to call my LOC they would not do it I was on 90 day extensions for 3 years while I crawled back..