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4 October 2024 | 9 replies
I live in Miami, FL and don't want to buy here since prices are incredibly high.I want to invest in growing communities, not exactly sure if I want to buy an AirBnb as my first out-of-state investment or 3-6 month short term, or a 1 year+ property.
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9 October 2024 | 28 replies
$50/general clean (they do a thorough cleaning including the filter and all); $150 for a full drain, deep clean and fill.The downside with this approach is continually pounding our well.
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6 October 2024 | 2 replies
We truly believe in fostering community and providing affordable housing while maintaining a high standard of ethical management and resident well-being.We are definitely looking into growth opportunities for our properties here in Norfolk, but we’re taking a careful and steady approach to ensure we can continue delivering quality for our residents.
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6 October 2024 | 12 replies
The idea was to find a property, 4-plex, that would allow me to break even, cover the mortgage, and hold onto it as a long-term investment.However, analyzing the data and really coming to terms with Colorado's market, I’m rethinking my approach.
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6 October 2024 | 1 reply
If you prefer a more passive, long-term wealth-building approach, REI is solid.
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8 October 2024 | 36 replies
Travis, When i lived in the area, the urban blight in areas south of 8 mile road was incredible.
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6 October 2024 | 1 reply
It's also great that you're planning to include wheelchair accessibility, which not only broadens your tenant pool but adds long-term value to the property.A video series documenting the process would definitely generate interest, as it could provide valuable insight for others looking to take a similar approach.
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5 October 2024 | 1 reply
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.
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3 October 2024 | 2 replies
That’s an incredible return on investment!
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8 October 2024 | 23 replies
Oxford House is a non-profit organization that helps individuals in recovery find sober living housing, and I feel this property might be a good fit.I’d love to hear from anyone who has experience working with Oxford House in Georgia (or similar organizations) on how to best approach this.