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3 August 2024 | 19 replies
I know it's counter-intuitive that more demand causes lower returns, but it's basically an investor saying I need to park 5 billion dollars now, and I'll do it for 0.01% less than the other guy.
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29 July 2024 | 0 replies
Purchase price: $750,000 Currently operating as a 9 unit mobile home park with single family home
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2 August 2024 | 4 replies
It means doing local maintenance in case a cord is damaged, but simplifies things for the tenants with reserved parking spots.
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1 August 2024 | 0 replies
You could rent a room in a big house owned by a little old lady or in a rooming house.When my son was looking for an off-campus apartment, we were fortunate to find him a room in a rooming house in Hyde Park.
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2 August 2024 | 5 replies
It would definitely be much easier (and probably about the same on total cost) to just cashout refi what funds you might need from you STRs and then park then cash in MMAs or 30 day treasuries until you need them.
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1 August 2024 | 10 replies
Definitely that was money making time in terms of operations and appreciation as well.Things have changed now, there is so many STRs now that people are renting for 100-150 USD a night which is like a motel price.Now it may make sense from the perspective of, if Poconos is where you travel a lot with family or you are buying full cash to park the money, or tax strategy or various other personal reasons could be there where it might make sense to invest there.But coming in from the perspective of an investor who are new or have little experience and are trying to build wealth from not too heavy asset portfolio.
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1 August 2024 | 4 replies
Should I future proof it and just go 400 amp service and add an EV port outside where the MTR will park as well?
31 July 2024 | 1 reply
Check out areas like Brighton Heights, Plum, and Allison Park for good rental numbers.
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1 August 2024 | 15 replies
Your one-bedroom condo may not be a great fit for insurance company relocations (for families displaced by fires), but if your other rentals have two-three bedrooms this may be another way to fill your rentals.I haven't done this, but follow a MTM guy on YouTube that suggests driving by the local "Extended Stay" hotel and looking for company vans in the parking lot.
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30 July 2024 | 9 replies
It is right outside of the park so it’s decently far from the city, but I believe it is till in the county limits.