
18 November 2024 | 35 replies
If you stick to American name brand units that are basic - no fancy sensors, doodads or anything else - W/Ds are surprisingly durable, even with renters.

16 November 2024 | 3 replies
I was actually on a team dispatched to investigate the Surfside Condo collapse until the clean up process basically rendered our investigation moot.

20 November 2024 | 23 replies
It's pretty much only used for properties that are so far out there that it doesn't make sense to have someone drive out to show it.

16 November 2024 | 32 replies
Go into the new member introductions forum and watch for the same few people who say the same basic message every time someone new comes on the site.

8 November 2024 | 19 replies
But if you are driving for dollars and looking for a home for yourself, you want to use this strategy:Write a personal letter to the homeowner and explain exactly what you are looking to do and why you are sending them the letter.

18 November 2024 | 17 replies
They visited Waco on the Magnolia tour idea and saw the houses, saw the prices and wished they could have moved there and just commuted maybe 1 or 2x a month for the office meeting. 90min drive every day would have been killer, but a couple of times a month they thought wasn't bad.

21 November 2024 | 39 replies
Quote from @Nicole Koch: I think that most people looking for anonymity are basically trying to keep their name off public records so that if they own rental units some psycho cant just look up who owns the property, whats their FB, who is the wife/husband, kids etc..

17 November 2024 | 16 replies
To that end, I made a Google sheets document with every hospital system in GA along with the following data:CityZip CodeRentometer 2/X (what a 2 BR, any bath) goes for on Rentometer)RentRentometer 3/1+ Rent (what a # BR, 1.5+ bath) goes for on Rentometer)"Minutes to home" (how far a drive it is for us)"Staffed Beds" (measure of how big a hospital is)"Total Discharges" (a different measure of hospital size)"Patient Days" (yet another different measure of hospital size)"Gross Patient Revenue ($000)" (you guessed it, hospital size)Map Searches & Housing Requests (this and everything below was from FF.com stats page)Furnishedfinder.com Page ViewsTotal RoomsPrivate Rooms % UnitsHotels% Whole Place > 2500 %Whole Place > 2k < 2.5k %Whole Place > 1.5k < 2k %Room > 1500 %Room > 1k < 1.5k Page view per roomThis allowed us to narrow our search to hospital systems near us (less than 2 hours) in a less competitive market (higher page views per room advertised on FF.com) with a significant % of units being rented on FF.com at higher rents (more $).

14 November 2024 | 5 replies
LTRs basically do not cash flow at current prices with conventional rates.

19 November 2024 | 6 replies
Also, have you made any significant alterations to the property or if it were put on the market today, would it be indistinguishable from a standard 4-bedoom house (are there any extra walls for the SRO, constructed locks/barriers etc.)If its a standard SFR and the leases are very short term - there is a path that you could refinance this with a DSCR as basically a Short Term Rental and then potentially change strategic course back to SRO if needed at a later date