5 November 2024 | 11 replies
Fellow Community: I am excited to join this platform and learn from like-minded individuals about the real estate space, especially STR, MTR, and long term including section 8.
4 November 2024 | 4 replies
That space is more crowded and have lower ROI.
4 November 2024 | 11 replies
In the residential 1-4 unit space, efforts are earnestly underway to recreate 2008, for example by calling it a "DSCR loan" but not having any reasonable DSCR requirement.
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4 November 2024 | 4 replies
Based on not having water, roads, etc. you could still do a tiny home or RV space there if you put in electrical hookups and a septic tank.
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4 November 2024 | 9 replies
The BRRRR strategy and tax lien investing are both great approaches, especially when you’re getting started and want to maximize your investments.I’m involved in the investment real estate space as well, primarily focusing on new construction duplexes in downtown Indianapolis.
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4 November 2024 | 14 replies
To succeed in Cleveland's short-term rental market, research local regulations, analyze potential locations, find ideal properties, build a network, plan renovations, stay connected with BiggerPockets, focus on modern bathrooms, cozy outdoor spaces, and practical amenities.Good luck!
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3 November 2024 | 4 replies
Most people who buy 2+1 and think they can use the third and get busted on that, end up renting the bonus unit to the top or bottom unit as extra space, but that is a loss on what would be unit rent by more than half.
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5 November 2024 | 9 replies
Great to see other younger people in this space.
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5 November 2024 | 28 replies
Multi-family units (duplexes, triplexes) allow you to maximize rental income while maintaining some personal space.
3 November 2024 | 0 replies
(optional)Kitchen Remodel (2020): Updated countertops, cabinets, and installed new stainless steel appliances.Bathroom Renovation (2019): Added new tiles, modern fixtures, and a glass shower enclosure in the master bathroom.Finished Basement (2018): Added 600 sq. ft. of finished space, including a family room and home office.New Roof (2021): Replaced the entire roof with new shingles and added improved insulation.Landscaping (2022): Redesigned front and backyard with new plants, sod, and an outdoor seating area.Energy-Efficient Windows (2020): Installed energy-saving windows throughout the home.