
12 December 2024 | 3 replies
Being able to drive by your properties frequently to see them in person (even if you have a property manager) can provide consistent peace of mind.

16 December 2024 | 17 replies
I'm sure another savoy investor will chime in and change our minds, but that's my understanding of mobile homes.

16 December 2024 | 18 replies
Furnished Finder does make it tricky since you need separate profiles for each room, but platforms like Apartments.com or Airbnb might work better if you're aiming for full-house rentals or structured by-the-room arrangements.If you decide to rent to multiple individuals:Tenant Screening: Screen each tenant thoroughly to ensure they’re reliable and responsible.Clear Communication: Introduce potential tenants to one another Detailed Agreements: Use separate leases for each tenant and specify shared vs. private spaces, utilities, and maintenance responsibilities.House Rules: Create clear, written house rules to prevent misunderstandings.Inventory Tracking: Document everything in the home (furniture, appliances, etc.) to avoid disputes about damage or missing items.Also, market your property with its flexibility in mind—like proximity to hospitals for traveling nurses or universities for graduate students.

12 December 2024 | 49 replies
Mind you, it would be much less expensive to rent when you go there given the very low nightly rates due to the overbuilding.

17 December 2024 | 17 replies
As far as "mid-term needs", did you have any specifically in mind?

12 December 2024 | 7 replies
And don't forget to factor in design/furnishings into your budget keeping in mind your ideal guest avatar.

13 December 2024 | 7 replies
But here’s something to keep in mind: when you sell a property, you usually have to deal with depreciation recapture, which is another type of tax.

12 December 2024 | 2 replies
I’m still new to BiggerPockets and looking to connect with like-minded investors.

11 December 2024 | 10 replies
@Nate Jenks one thing to keep in mind here that it would be pretty hard to take any equity out of this property after a year.

17 December 2024 | 20 replies
So I’m pretty close to you, once I pull some cash I have sitting in a flip that will probably turn into a brrr I’ll be about 70/30 stocks, I really don’t mind buying property provided I think for some subjective reason that area is undervalued/will outperform the market, but to me the stock market has a few advantages, 1. it is much easier obviously/more liquid. 2.