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14 September 2024 | 3 replies
The ground floor is occupied by a commercial restaurant, and the upper floor is designated as SRO (Single Room Occupancy) under a pre-existing non-conforming use.
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17 September 2024 | 14 replies
If looking in IML, be sure you have an X-factor such as a game room, hot tub, or other differentiating factor.
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15 September 2024 | 12 replies
Some people house hack a single family house and rent out additional rooms to friends.
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15 September 2024 | 9 replies
All basically rent by the room options and many of them offered in partnership with non profits with grants (homeless services etc).
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16 September 2024 | 18 replies
I often wonder if the remote location (20 minutes up the mountain) is a turnoff and travelers are starting to prefer motel-like accommodations that are close to the main highways.Houses in the middle of the woods with no view, houses that are non-cabin style like they belong in a normal major city suburb, no game room, no deck to take in the view, no hot tub, no area for a fire pit, no room for extra activities like corn hole or throwing the football, poor driveway, steep entrance, tons of stairs etc.
14 September 2024 | 4 replies
If there's fewer transactions, there's less opportunity for wholesalers to skim off the top.Also, wholesalers typically work with investors and with rates higher, investors have less room to pay for wholesaler fees when their net yields are already significantly compressed due to having to pay more for debt.
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12 September 2024 | 28 replies
I've not looked at what I could get for rent ahead of time, like you have, but it's a large apartment with 1 bedroom, 2 other rooms (office plus bonus room, etc) plus a brand new open concept kitchen, with its own separate entrance and garage access.
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12 September 2024 | 23 replies
Grand Rapids, Kalamazoo, Detroit, Cincinnati, Columbus, Cleveland/Akron.
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11 September 2024 | 0 replies
The National Retail Federation (NRF) reports declines of 6.5% in back-to-school spending and 7.9% for back-to-college, with shoppers focusing on frugal choices amid rising inflation concerns and an upcoming presidential election.During the pandemic, families spent more on school supplies and remote learning gear, but priorities have shifted to travel, dining, and entertainment.
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16 September 2024 | 13 replies
I know of a handful that will do a rent by the room style loan, so we will see what happens in the next few months.