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9 January 2025 | 44 replies
I'm still trying to find what strategies might work for me.
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15 January 2025 | 49 replies
While Stessa’s reports and analytics are undeniably helpful, the platform’s inability to consistently sync with financial institutions is a significant flaw.
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8 January 2025 | 6 replies
., and you should find some local investors with whom you can connect and learn their investment strategies.
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9 January 2025 | 0 replies
Target ReturnsWhile target returns are crucial, these should be discussed only with investors—not brokers or others helping you find deals.Sample Investment CriteriaHere’s an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5M–$12M, requiring $1.5M–$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that don’t align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.
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29 January 2025 | 68 replies
Sadly, communication consists of "if you don't like it, hitch your trailer to your truck and get out".
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17 January 2025 | 40 replies
Ofc I am not on the committee but from watching, the grandfathering of existing units has consistently been on the plan to allow existing STRs to remain operable.
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3 January 2025 | 14 replies
You may not get the same tourist volume as Pigeon Forge, but you’ll attract a more consistent, quality guest base.If you're leaning toward an MTR, healthcare contracts and university housing demand will give you a steady stream of tenants.
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31 December 2024 | 2 replies
These accountants believe that purchasing from a related party is fine as long as it is an arms- length documented market-consistent transaction.
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8 January 2025 | 15 replies
Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.
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24 January 2025 | 36 replies
Instead of buying four $150k houses per year, try to get one $400-600k property (SFH or small multifamily) and get creative with higher effort strategies to cash flow in year 1 and 2.