Joshua Piche
Im looking to move out this year and house hack my first property
7 January 2025 | 12 replies
.- The 203(k) will allow you to bid on properties that need repairs that won't qualify for a traditional mortgage => less competition => better purchase price.You will need to find a great local contractor you can trust to supply the required bids to qualify for the 203(k).- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.
Scott Zeiger
Appliances
17 December 2024 | 29 replies
We supply kitchen appliances for all of our units, on the SFR's we supply dishwashers because they are in nicer neighborhoods where a tenant would expect it.
Myers Bryan
Floorplan software recommendations?
14 December 2024 | 2 replies
Planner 5DPlatform: AndroidFeatures:Supports both 2D and 3D floor plans.Allows you to scan walls and create floor plans as you walk through a property.Offers a vast library of furniture and decor items to customize your plans.Bonus: Projects can be synced and edited on Windows through their web platform3.
Robert Bell
Blue Oval City's Delay May Open New Opportunities
26 December 2024 | 3 replies
However, a recent delay in its opening, now pushed to 2025 due to supply chain challenges and other logistical issues, has created a mixed landscape for real estate investors.Real Estate Growth: The Big PictureWhen fully operational, BlueOval City is projected to employ about 6,000 people.
Mitch Davidson
New STR Restrictions Coming for the Asheville Area
17 January 2025 | 40 replies
As Mitch pointed to, on one hand, STRs are housing supply locally and will likely get looked at.
J. Mitchell Bernier
New HUD Nominee: Great News for Housing Affordability
19 December 2024 | 1 reply
Though I have not personally contributed to these investments for tax credits, I have personally seen these investments in action and these investments can help provide more supply of housing and development that would otherwise not be there.
Jonathan Greene
If You Are Asking These Questions About Your STR, You Are Already Failing
4 January 2025 | 26 replies
The rental had ratty furniture, a record player prominently featured in the marketing but it had no speakers, missing basics items in the kitchen, lots of drunks in the concrete hallways that reverberated right into the bedroom at 2am, a strong odor of urine outside, and more.We have super hosts in this forum that have hundreds of 5-star reviews and are masters of the craft, but I look at their rentals and see they don't have any artwork on the walls, decor is basic, they do nothing to make the guest feel welcome, etc.
Chirdeep Bhutani
Are Cap rates getting better?
20 December 2024 | 8 replies
As to others points rents will change with supply conditions.
Aaron Kuehmichel
Who pays when Tenant requests 220 volt electric dryer hookup; 110 and gas provided?
29 December 2024 | 13 replies
Did you supply one or make them bring one?
Elan Adler
My experience buying a turnkey cash flowing (kinda) turnkey rental outside Huntsville
6 January 2025 | 17 replies
The process went smoothly, and I’m happy I got a tenant so fast, but the high supply of new builds in the area makes me nervous.