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16 May 2024 | 15 replies
As a result, the property became more desirable and attracted more high-quality traveling medical professionals.
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16 May 2024 | 10 replies
@Dave Skow Exactly, the 95% LTV is what attracted me initially.
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15 May 2024 | 12 replies
If you buy a package of 6 lesser houses that means I have 6 roofs, 6 hvac, less cashflow, and likely subpar appreciation(dollar for dollar) compared to better areas.The reduced maintenance costs, higher rents, better tenants, appreciation, and reduced hassle factor for new construction are real and attractive.
15 May 2024 | 4 replies
Areas with good school districts, public transportation, and amenities tend to attract reliable tenants.
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15 May 2024 | 16 replies
I also did look into Salton Sea for STR, it didn't look very attractive for STR.
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15 May 2024 | 6 replies
This is a great strategy for the area if you're close to the attractions in the city!
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15 May 2024 | 6 replies
I find that listing very early attracts the best tenants.
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16 May 2024 | 28 replies
@Rick BaggenstossIt's not going to go backwards private organizations and the city have invested millions and they have gained back 100 millions back on their investments and the Beltline is not completed yet I do the tour often (Beltline)Those area are little sketchy but because it has not been totally gentrified it's still in its process also in order far Atlanta to keep attracting talent to the city they must become transportation friendly millenials are not getting in car note debt like previous generations they want to work play and party in the city (Kipp) is great as far school goes I want to say it was #1 in the state of GA.
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15 May 2024 | 8 replies
So, if you are buying in lower end areas or an area that is harder to attract high quality tenants, you will likely have more vacancy due to fewer qualified applicants and often time wear and tear that can be fairly expensive with each new tenant.
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15 May 2024 | 21 replies
The question is how is the profile of the state in regards to landlords, growth for the economy, supply of land, and is this house attractive enough on the exit to garner an aggressive bid if you were to sell in the next up market cycle in 7, 12, 15, 21 or whatever years?