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24 January 2025 | 4 replies
Your best bet would be to connect with local operators and ask them.
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18 February 2025 | 18 replies
After joining a Facebook group for local STR owners, and talking to all the major PMs in the area, I concluded that in the time vs money war, I was going with this particular PM.
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29 January 2025 | 68 replies
There is no other local affordable housing in the area.
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22 January 2025 | 9 replies
I live in Tacoma, WA…a lot of folks don’t want to deal with having to learn the local housing laws.
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12 January 2025 | 23 replies
My first ad budget was $295.00 credit I got from my local news paper.
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18 February 2025 | 16 replies
For example, there are many local credit unions that offer loans with as little as 5% down on multiple investment properties with no PMI.
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31 January 2025 | 44 replies
For example, you might leave $10,000–$25,000 in the deal, end up with a $3,000 monthly payment, and only collect $3,000 (or slightly less) in rent.This applies to my local market and primarily to Class B or higher real estate.You’re better off finding a solid property that needs only light cosmetic work (e.g., paint, flooring, or perhaps a kitchen or bathroom remodel), buying it at a decent discount, and putting down at least 25%.
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28 January 2025 | 10 replies
I do all of this remotely, so I use the above process to filter out 90% of the properties and then send the other 10% to my local team for verification.
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21 January 2025 | 18 replies
@Denise CarringerMy preference is to go local - some community banks offer this type of service or local escrow companies, which is what I found, because they offer a higher level of service than most national.
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23 January 2025 | 6 replies
Their contribution depends on factors like local demand for ADUs, their design and size, and how they’re used (e.g., rental income potential).