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12 January 2025 | 3 replies
McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.
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12 January 2025 | 2 replies
I've calculated the lump sum costs to be $9,500 for buy and sell combined and a monthly reduction in cashflow of $347 due to the new loan and taxes.
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13 January 2025 | 5 replies
And as someone that grew up in Missouri, this post caught my eye, particularly because I'd never heard of Lebanon, MO so I had to look it up on Google Maps.
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10 January 2025 | 2 replies
Hi all, I've been on BP since 2014 and a multifamily investor since 2019.
9 January 2025 | 4 replies
Myself and a friend are looking to get into investing in buying hold single-family homes.
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13 January 2025 | 5 replies
If you are going to finance your rehab then use a LLC to purchase and a rehab lender for financing.
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17 January 2025 | 37 replies
I've been in the lending industry for 5+ years now both as a loan officer and a broker and a processor, have also done some UW.Over the years, I have seen how lenders and brokers spend marketing dollars.
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13 January 2025 | 8 replies
Given the current NOI of $19,440 and a reasonable cap rate of 8-10% for a park with park-owned homes and septic systems, a fair price would range from $194,000 to $243,000.
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12 January 2025 | 12 replies
It is much better to hit a single or double with the rehab and a triple or home run on the STR.im Josh and I buy more STRs in the Tampa/StPete/Clearwater/Largo/Seminole area than any other agent the past 2 years.
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8 January 2025 | 12 replies
Currently, I own my primary home and a rental in San Antonio, TX.