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10 February 2025 | 5 replies
The food is great and it significantly lowered our food costs.
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21 February 2025 | 4 replies
To increase views, go into your listing periodically and lower the daily rate for the week or two after you have an expected vacancy, but increase the nightly rate after those two weeks so that you are still getting your target monthly rent.
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12 February 2025 | 6 replies
Buying a mobile home to place on your land can be a great way to generate rental income, but like any investment, it comes with pros, cons, and key considerations.On the pro side, mobile homes are typically more affordable than traditional single-family homes, meaning lower upfront costs.
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13 February 2025 | 2 replies
Rented in Feb 2024, Lower cash flow than expected.
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19 February 2025 | 13 replies
While I've never invested personally in Detroit, my usual word of caution to investors in these "lower cost" markets is that while cashflow is great on a % basis, make sure to look at the actual quantity of cashflow.
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11 February 2025 | 4 replies
If it’s a lower-income rental market, high-end renovations may not justify premium rent.
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19 February 2025 | 4 replies
First would be a low risk, lower return vehicle, like a 10 year interest only loan with some early refi penalties.
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22 February 2025 | 4 replies
We were not interested in the initial asking price, but countered with a much lower price.
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21 February 2025 | 4 replies
That's most likely going to be a C- neighborhood or lower so there could be more perceived scale to BRRRR, but a tougher decision on how to renovate at that price point and possibly harder tenancies.I would get to real estate investor meetups in your area.
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11 February 2025 | 21 replies
It sat for a bit and the price was lowered to 46k so I toured the house and made an offer of 36k after adding up renovation cost in my head.