Ryan McKay
The Next Deal...
29 December 2024 | 24 replies
After a rough first year where I lost money for 8 months followed by another 4 months of learning how to self manage remotely, I had a great 13th-25th months where we have kept the placed booked, kept it profitable, and largely reinvested into the property.Here is the question though- to buy the first property, my wife and I used a HELOC on our primary and used that for the downpayment on a new property, for the furniture, appliances, etc, and all of the other little costs that go into getting going.
Tom Pappas
Future Housing: An Analysis of Container Home Senior Housing
19 December 2024 | 8 replies
Would a container community be more sustainable than an apartment complex?
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
If you can maximize all 3, then you've also created a very wide lead funnel, which is less common in multifamily properties.Maximizing "pets" means you're removing carpet, allowing at least 2 pets including cats and larger dogs > 50 lbs, access to a fully fenced-in yard or walking distance to a dog park, leniency on breed restrictions (depends on insurance, your risk tolerance, due diligence with pets during inquiry phase), pet friendly furniture (e.g. faux leather couch, low pile rugs if at all), etc.
Danielle K.
How long once going live on Airbnb did you start getting steady bookings?
18 December 2024 | 12 replies
Not that it matters much now but we do a "coming soon" after renovation but before/during furniture.
Joseph Bushnell
Building a data center
16 December 2024 | 7 replies
If your land can sustain a data center (power requirements are huge) then the land would sell for a pretty penny.
Tonio Pearce
Should I create a baseline template business plan?
23 December 2024 | 9 replies
It sets you up for a more focused, confident, and sustainable start.
David Rodriguez
Medium-Term Rental Vs. Long Term Rental for a 2 bed/2 bath single family home.
10 December 2024 | 16 replies
The cost of the furniture is tough up front-- you can rent furniture or go through FB marketplace.
Chris Kelly
Tenant smoking weed but can't prove it
25 December 2024 | 28 replies
It gets into the furniture and permeates each room they hang out in.
Jamie Banks
ALE Solutions Win
15 December 2024 | 38 replies
@Jamie BanksI understand there are multiple parties: 1) displaced insurance policy holder (tenants) 2) ALE 3) The company that supplies all the furniture and install the washer and dryer.
John Williams
short term rental or longterm for more cash?
16 December 2024 | 14 replies
STR can provide more cash (potentially), but its a high risk high reward strategy - if you invest in the furniture, staging, photos, and management or self manage, there is a lot of time and money invested.