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8 December 2024 | 9 replies
We are listed on about 6 sites and besides the typical Airbnb and VRBO, we've had success with Travelstayion as well.
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6 December 2024 | 2 replies
If you can find a good deal in Harker Heights, those properties typically rent the fastest.
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5 December 2024 | 7 replies
No matter where you choose to invest, please keep in mind the following (copy & paste):--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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11 December 2024 | 37 replies
Yeah, that seems to be the standard for Birmingham, pretty typical.
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7 December 2024 | 2 replies
That will typically spook them into catching up or chase them out.I recommend you read some books (see my signature?)
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9 December 2024 | 8 replies
Just crunch the numbers and ensure the terms work for your deal.Hard money typically funds up to 90% of the purchase price and 100% of the rehab costs on a draw schedule.
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8 December 2024 | 7 replies
We ended up putting that on the backburner and using the typical Airbnb, Furnished Finder, Zillow, etc. routes to fill our units.
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5 December 2024 | 6 replies
Given appreciation is typically where you are making most of your return in any real estate, having this additional appreciation helps create much higher returns.Additionally, my single family tenants, typically stay a couple years longer than my duplex tenants.
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6 December 2024 | 21 replies
No, lenders typically don’t require that.
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6 December 2024 | 2 replies
If you're planning to use an FHA loan or another owner-occupant loan, there are typically rules about tenant occupancy.