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12 January 2025 | 3 replies
McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.
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26 January 2025 | 12 replies
I’d rate this as a 3 out of 10 in terms of the best time to sell—it’s not the worst, but it’s not ideal either.Hope this helps!
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17 January 2025 | 7 replies
what happened to me is all the good rate bonds are snatched up before we could get them.
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12 January 2025 | 8 replies
Naturally, they are your competition and the daily rates need to be taken into account.
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12 February 2025 | 43 replies
Not many markets out there in post covid era with 'great cashflow' now and definitely not until rates come down.
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16 January 2025 | 0 replies
We refinanced and cashed out all our renovation budget plus $5,000 and actually kept monthly payment the same as rates had dropped.
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15 January 2025 | 29 replies
Default rate - as you scale you will have a 10% default rate on loans.
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6 January 2025 | 25 replies
Real Estate values, nationally, have never decreased over any 10 years. https://fred.stlouisfed.org/series/MSPUSFocus on optimizing active income first.
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24 January 2025 | 37 replies
I've just been swamped, showing properties, with everyone trying to tie stuff down before rates go up again.
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12 January 2025 | 12 replies
It's definitely possible to get a loan as a foreigner but the rates will be high(er) and the downpayment required will be as well.