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21 January 2025 | 31 replies
@DongHui Patel - Did you decided to go with Anderson?
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22 February 2025 | 11 replies
We're an appreciation market, not as much of a cash flow market here, unless you're putting a large down payment or actively managing STR's.Buying out-of-state can get you more cash flow, but the tradeoff is less appreciation (usually), and cash flow can be eaten up by maintenance and expenses.
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26 January 2025 | 2 replies
Quote from @Jake Rauch: Hi what tools, websites do you use to decide on market to invest in?
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13 February 2025 | 22 replies
@Travis Gutting I wouldn't let someone discourage you from investing in an area, but rather do your own due diligence and decide for yourself.
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9 February 2025 | 3 replies
I used Hostify and you can work it into the management system to figure and charge all of that for you.
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12 January 2025 | 1 reply
It’s definitely worth exploring if you’re looking for a robust management tool.
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12 February 2025 | 17 replies
If there’s a significant difference, it might justify the cost of adding more beds.For example, we manage a 4BD property where one bedroom is currently locked off, so it only sleeps 6 (1 king, 2 queen).
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1 February 2025 | 11 replies
As for the rest of it, you can find a lot of useful tips on past forum posts along with podcasts and youtube material on the topic (BP and other RE sources).We've self managed STRs for a few years.
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3 February 2025 | 10 replies
You would have to self-manage though, as paying a property manager will eat up most of your profits.
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29 January 2025 | 3 replies
Whether you spend time networking, reading books, watching videos or connecting on bigger pockets or if you spend cash hiring a mentor, maybe partnering up with or doing free intern work for a real estate investor; whichever route you decide to go investing in yourself is one of the best investments you can make.