I am a co-owner of GSP REI and the Vice President of Investor Relations.

My estimate is 90% of the time we obtain a tenant in our first open house.  

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $785,000

Cash invested: $156,000

Short term vacation rental in Panama City Beach. New construction, fully decked ou...

Hi everyone! My name is Monty, and I’m based in Freeport, Florida. I’m looking to invest in nearby areas, focusing on fix-and-flip projects and new ground-up construction. With 30 years of residential construction exp...

The current owner lives there and had someone paying to a trailer in the back yard all the way in the back. 

@Tanner KingWhen I analyze a house hack deal, I focus on metrics like GRM, Cap Rate, Cash Flow, House Hack Savings, and Future Rent Potential.

I agree with John, we are seeing renovation costs of $150k- $200k for a basement unit and $250k + for a coach house. 

You don't want to distract the buyers from the house with too many items or stuff.

Property owners are a prime source for collecting revenue.

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.