
6 October 2024 | 49 replies
go to her broker, make it super difficult to work with. go after her license, go after everything and say all you want is a release. you are a consumer. the law is pretty clear. look up procuring cause. buy a different floorplan of the same house int he same neighborhood without those addresses and you'll get around it

3 October 2024 | 3 replies
There are already many existing assisted living houses in my neighborhood, and I am thinking of doing the same, but only leasing my house.

4 October 2024 | 4 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

3 October 2024 | 9 replies
My fiancé and I are looking to build a 3-4 unit townhome style multifamily in the Knoxville area.

4 October 2024 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

2 October 2024 | 5 replies
I did STR in a duplex starting back in 2017 and managed for others in North Conway, Ive since converted to all long term tenants and happy i did so... unless your property has something unique or a "rare" amenity.... like, sleeps 30, I honestly would not waste any energy on it in the north Conway area. so saturated, and so much big money being invested in the hotels, its tough to match amenities vs cost, and I see travelers trending back towards the hotel style accommodations. granted, for the right price, I'd buy anything and figure out what the best use for it is. use airdna.co for decent data on # of Short term rentals in any particular market. can also identify opportunities. the point of my response.... be careful in STR in any area and always have a plan B. you can change a lot of things about a property, but your cant change your basis!

4 October 2024 | 3 replies
This particular neighborhood is known nationally and very prissy.

2 October 2024 | 8 replies
Is the Clark-Fulton neighborhood a bad area to invest in?

3 October 2024 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

4 October 2024 | 39 replies
Buy a crappy property in a nice neighborhood where good tenants would live.