
30 January 2025 | 13 replies
Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.Do you see the problem with your two statements:"The turnover costs could/will be high"and"How much more damage could they do?"

1 February 2025 | 10 replies
Rentrange costs the manager to run each report, so as long as you do not abuse it or send the PM 30 properties I would help you.

6 February 2025 | 3 replies
I’d appreciate your perspectives.Here are the details about our current home:3/2 Class A property in a middle-America town with historically ~1% annual appreciation.Purchased in 2020 for $200,000 at a 3% 30-year fixed rate.Remaining mortgage: $150,000.Estimated value: $270,000 (based on recent sales).After selling costs: Likely $100,000 in net proceeds.Rental potential: $2,000–$2,300/month.PITI: $1,200/month ($700 mortgage + ~$500 insurance/taxes).Maintenance/CapEx/Vacancy (20%): ~$400/month.If kept as a rental:Net cash flow (self-managed): ~$500/month or ~$300/month with property management.Low appreciation potential but ~$400/month in principal paydown.Considerations:What’s the additional overhead of managing a second rental property remotely (3 hours away)?

31 January 2025 | 20 replies
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27 January 2025 | 15 replies
Feel free to reach out!

8 February 2025 | 21 replies
It is a small town, definitely a tertiary market right now, but that is where opportunity is going to be found.I think LTR, in the right location, can provide enough revenue annually to cover all holding and leverage costs while the resident pays down the principle and the demand in the city sustains slow and steady appreciation.

21 January 2025 | 15 replies
Feel free to reach out if you have any questions about the local market here or want to connect!

1 March 2025 | 25 replies
At that class of property, the turn overs are costly.

20 January 2025 | 9 replies
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5 February 2025 | 4 replies
Quote from @Dylan Webb: Have you talked to a lender to see what it would cost you?