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9 September 2024 | 52 replies
Yes, I can take cash out and try to invest in higher return projects, a sort of carry trade, but the reality is that increasing return on equity generally involves more risk.
4 September 2024 | 6 replies
That said, it could be that the location of your property has some sort of local ordinance that has a 90-day limit, and Airbnb is simply following that.
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4 September 2024 | 3 replies
Quote from @Roger Garner: I don't have any recommendations, but I can provide you a guide for screening and selecting a quality PM.
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3 September 2024 | 10 replies
You have to be quite selective and in some cases make some changes to the property to make it cashflow (ie add a garage, renovations etc).
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4 September 2024 | 3 replies
Others work with rehabbers across the country so you have some selection on location.Turnkey rentals are an easy way to get going, but the returns are typically not as good as if you found and managed the rehab on your own.
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6 September 2024 | 14 replies
More demand equals less TI, rent abatement, or other LL concessions to provide when a vacancy does occur, so select accordingly.
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4 September 2024 | 9 replies
The local store may have a limited selection but you can find more sizes and options on their website.The tenant may very well trash them, but they are inexpensive and can easily be replaced with the deposit.
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6 September 2024 | 19 replies
Sounds like you have selected a PM that may not be fully hands on.
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7 September 2024 | 12 replies
There is a lot of risk and variables to navigate and sort through and I'd much rather learn on-the-job with my own capital than risk others.
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6 September 2024 | 28 replies
Hi Brady, I was sort of in your shoes a year ago!