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7 February 2025 | 31 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
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22 January 2025 | 4 replies
There’s a lot to go through on this site if you have any tips or forums that you find to be really helpful let me know.
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6 February 2025 | 0 replies
This will help attract more business to the state, keep it coming!
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4 February 2025 | 5 replies
HI @Jonathan JacksonHere is a tip for you as you begin your REI journey.
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24 January 2025 | 16 replies
market=Montgomery%2C%2...The lower property taxes in Alabama can help with your bottom line.
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28 January 2025 | 4 replies
Any answers or tips would be greatly appreciated.1) Is it at all possible to obtain 15+ year financing on MHP?
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23 January 2025 | 10 replies
I can assure you will find alot of helpful tips and information here.
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30 January 2025 | 4 replies
Jay thanks for the tip, it helped in searching and learning about "lead generators" in the fine print in lending and what means.
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4 February 2025 | 1 reply
I’m looking forward to hearing about your experiences and any tips you have for someone considering a similar investment.
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12 January 2025 | 8 replies
It's essential to do your due diligence and perhaps consider investing in more established or upcoming neighborhoods.Property Taxes: New Mexico's property taxes are relatively low in comparison to other states.