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6 November 2024 | 3 replies
A lot to unpack but my overriding 'advice' for what it is worth is to make sure you seperate the values of the park and the tri plex and analyze independantly.
5 November 2024 | 14 replies
Analyze each city's rental demand, property prices, and your personal goals to make the best choice.
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4 November 2024 | 4 replies
This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.
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8 November 2024 | 22 replies
Despite its popularity, very few actually understand the asset class and how to achieve optimal returns.
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4 November 2024 | 11 replies
Fewer variables make the deals easier to analyze and more predictable.
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8 November 2024 | 12 replies
You can't data-analyze who or who isn't motivated.If you think that you get a higher chance of finding motivation targeting people in some sort of distress, then again, answer me thisWhy does it take you 3000-5000 mailers calls or texts to RANDOM people to get 1 deal and it takes the exact same numbers to people on some targeted list or people propstream gets you to get a deal?
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6 November 2024 | 21 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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2 November 2024 | 8 replies
But they are not very popular and usually for larger properties.
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6 November 2024 | 34 replies
I was analyzing a four plex and realized there are beautiful apartment complexes being built nearby.
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5 November 2024 | 6 replies
Sorry not an expert in the padsplit model but did you analyze what it would bring in as a whole home rental?