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25 January 2025 | 12 replies
The STR market was great a few years ago but now too sure now unless you have a great location.
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24 January 2025 | 13 replies
Otherwise, they will just end up ignoring you and you'll get frustrated. 3) Naive/newbie investors get burned all the time by only looking at the numbers - w/o fully understanding how the location/property/tenant will affect those numbers.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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30 January 2025 | 1 reply
This is especially true if you're trying to buy in the best location possible.
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1 February 2025 | 1 reply
Your designer says we would like to have a copy of the floorplans with the wall heights, window locations, plumbing and electrical.
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26 January 2025 | 5 replies
I don't think that makes sense, because the space certainly adds value, in my experience.But this does tend to vary from location to location.
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22 January 2025 | 11 replies
We also have a brick-and-mortar location in the DFW area.
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7 February 2025 | 13 replies
Here you are basically hitting it without needing to manage a property in another location.
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30 January 2025 | 7 replies
@Christopher HeidrichRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2830441/small_1721586796-avatar-akku.jpg?twic=v1/output=image&v=2)
5 February 2025 | 7 replies
It is located in some of the newest developments on the north side of Katy, TX 77493 (I am not sure if I can post a link to the Zillow page or provide the address because I don't own it yet).
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29 January 2025 | 4 replies
Here’s how they approached it:1.Scraping Listings: They used web scraping tools like Beautiful Soup and GPT APIs to scan Airbnb for properties in their target areas.2.Image Analysis: They trained an AI model to analyse listing photos, identifying homes with solid potential (good structure, layout, location) that were undervalued due to low-quality photos.