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17 February 2025 | 10 replies
Quote from @John O'Leary: Hi Joe,We’ve worked with several PadSplit investors to secure financing, and while these properties cash flow really really well, they do come with challenges—tenant turnover/issues and being the biggest ones.One hurdle we’ve seen is that getting financing can be tricky since PadSplit rentals are still considered non-conforming by most lenders.
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14 February 2025 | 6 replies
I own two properties there, but insurance costs have skyrocketed.Lately, securing home insurance has become increasingly challenging due to the high risk of hurricanes, flooding, and other factors.
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20 February 2025 | 7 replies
These are the types of properties I'm now targeting.I'd imagine the biggest challenge you'll run into is finding multi unit properties.
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20 February 2025 | 2 replies
., can help effectively navigate challenges.
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11 February 2025 | 5 replies
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12 February 2025 | 0 replies
Challenges?
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29 January 2025 | 68 replies
Spear's comments about required capital improvements as they relate to rent increases and a captive audience/ trailer trash mentality.
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19 February 2025 | 13 replies
If you don’t have a backup plan, you’re in for a rough time.I don’t say any of this to scare people off—I’ve navigated all these challenges and built a great portfolio.