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10 December 2024 | 16 replies
I think pools also factor in to summer rentals, if you don't have one that will hurt you.
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3 December 2024 | 22 replies
Ironically, platforms designed for real estate (Zillow, Apartments.com, Rentler, etc.) produce very few tenants for me, compared to FB Marketplace (and I also find a lot of their functionality to be user un-friendly, from the landlord side). ...you'd think that platforms custom-made for real estate would make the process a snap for landlords, but it takes me a lot longer to post and manage rental listings on Zillow or Rentler than it did on Craigslist.
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7 December 2024 | 4 replies
@Julian Martinez woo, that window wall definitely has a wow factor.
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5 December 2024 | 5 replies
Following this, I consider it another pro of our situation that I have the ability to do significant property renovations myself, and between my wife and I, we make a pretty good design team.
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5 December 2024 | 34 replies
BUT for certain rural areas it's worth it's weight in gold because of the reliability factor vs an unreliable or expensive existing utility structure.
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4 December 2024 | 6 replies
Look into factors like vacancy rates, local job growth, and tenant demand to pinpoint promising markets.Once you find a property, work on running the numbers carefully—factor in purchase price, rehab costs (if applicable), property management fees, and reserves.
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7 December 2024 | 35 replies
Other factors such as the quality of the tenant, and location will also determine the value you can get.
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24 November 2024 | 2 replies
From my understanding, the IDR plan will factor in my income and family size, making it more affordable.
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6 December 2024 | 27 replies
Given your experience managing 138 doors, you already have a significant advantage in understanding tenant needs, property maintenance, and financial planning.Key tips:Focus on personal finances: Keep building excellent credit and maintaining healthy reserves.Financing: Explore loan options like conventional, or DSCR loans to maximize your purchasing power.Location: Research neighborhoods with strong Section 8 demand and landlord-friendly regulations.Due diligence: Analyze properties carefully, factoring in rehab costs, property management, and cash flow potential.Your expertise and willingness to learn put you in a strong position—best of luck!
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8 December 2024 | 28 replies
I base the price on a few factors - Room size, amenities and area average rents.