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23 January 2025 | 3 replies
Well you'd actually be netting more in the long run by doing so compared to putting it towards the home.
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23 January 2025 | 56 replies
Well no return phone calls.
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26 January 2025 | 10 replies
Good wholesalers will price deals well, meat on the bone for you.
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22 January 2025 | 7 replies
STRs need to be viewed from a 365 day lens so if the numbers work well then, you still can be successful.
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19 January 2025 | 18 replies
Hi @Aaron Raffaelli, you've gotten good advice here as well as some good options.
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4 February 2025 | 31 replies
G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success
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23 January 2025 | 15 replies
(I'm already seeing this in the towns I am currently invested)I know this hasn't really answered your question but I've been doing this for almost 5 years and it's working out well for me.
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17 January 2025 | 2 replies
I'd look at that as well as the Zoning Ordinance and Subdivision Ordinance, which every Pa township, borough or city has, or if they don't have those docs, they are covered by the county codes.
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20 January 2025 | 22 replies
A-rated neighborhoods will not be affordable nor cash flow well here at under 300k.
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20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.