9 September 2021 | 10 replies
Detroit is slowly falling off the map and has been for decades...this isn't changing, Phoenix is next level...high growth and rapid appreciation...i.e. unaffordable...and Plano is not really an option unless you are looking at serving affluent tenants...I think Columbus is head and shoulders above any of these markets...it's arguably the premier investment destination in the US right now.
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8 September 2021 | 4 replies
NW Multifamily is a big one that may be worth cruising around the site (*I have no affiliation with them)3) This is a lender question and it sort of gets figured in the pre-qualification process.
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9 September 2021 | 5 replies
Another factor in travel is that COVID has made it hard to travel outside the USA and hard to travel to certain popular domestic destinations.
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15 September 2021 | 5 replies
Miami is still the destination for homebuyers and renters...and especially investors.You heard people relocated during the pandemic, but where did they go?
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15 September 2021 | 10 replies
@Devante Scholfield Even if the actual wine business isn’t that strong the destination wedding venue is a huge money maker especially being located near a large city.
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13 September 2021 | 3 replies
Originally posted by @Justin Megna:I understand that a typical rental analysis takes the monthly rental amount, sets aside 5% for vacancies, estimates 50% for expenses, and then makes sure the remaining 45% pays debt service and leaves a profit.No idea where you got these numbers, but anyone who runs a business using such simplistic numbers is destined to fail.You have real numbers, use them.
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23 September 2021 | 12 replies
Benton Harbor is a destination known region wide.
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23 September 2021 | 5 replies
Below are some general guidelines on investing in the Florida markets including the market zone, destination category, length of season, and recommended entry budget for a short-term vacation rental property in that market.
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24 September 2021 | 2 replies
Maybe start cruising Craigslist and for small multifamily apartments available for rent.
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28 September 2021 | 9 replies
It has the obvious amenity of the lake but is still close to Wimberley, San Marcos, and New Braunfels, all of which are growing like crazy and popular weekend destinations.