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Results (10,000+)
Sartaj G. New member from North Houston
7 July 2024 | 11 replies
I'm in Spring as well.
Brian Cannon Seeking Advice on Hot & Cold Markets for STR in 2024
7 July 2024 | 7 replies
I would focus on established markets that are still showing growth and have more than just one draw.Taking my main market of Tampa Metro as an example - There is more than just beaches, you also have MLB/NHL/NFL + Spring break and MLB Spring training, aquariums, golf, casino, new downtown development, and a lot of business travel.You want to avoid markets with just one draw, as if something happens to that draw, you will be hurting for who knows how long.
Paul Martynov My lender said San Antonio Taxes and Insurance are too high
9 July 2024 | 5 replies
San Antonio is an rich vibrant city full of affordable housing, tourist attractions (Alamo, riverwalk, sixflags, white water and more), military bases (Fort Sam Houston, Lackland Air Force Base, and Randolph Air Force Base) and surrounded by great suburbs (Stone Oak, Alamo Ranch, and the Dominion).San Antonio reclaimed its spot as the nation's fastest-growing city in 2023. 
Magda Lipinska Is Myrtle Beach the right place for investing?
8 July 2024 | 6 replies
If it's permissible then the #1 feature for top producing STR's is proximity to water.
Jason Rash What a great investment!
8 July 2024 | 1 reply
This house only needed a full paint job, hot water heater and new flooring.
Ross Francis Maine-tenance on multifamily
8 July 2024 | 2 replies
As a hard money lender who works with many investors in the Portland area, I can share some insights on maintenance costs for multifamily properties in this market, though individual experiences may vary:Lots of investors report a slight decrease in maintenance costs during winter months, bc of:- Fewer landscaping needs - Less wear and tear on HVAC systems (as heating is generally less intensive than summer cooling)- Reduced tenant turnover in winterWinter-specific issues can arise:- Potential roof repairs due to heavy rain or occasional snow- Gutter cleaning and maintenance to prevent water damage- Heating system repairs or maintenancePortland-specific factors:- The mild climate helps reduce extreme weather-related maintenance issues. - Older housing stock in some areas may require more upkeep. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!
Denis Ponder VA Home Loan Question
8 July 2024 | 6 replies
It falls under the Blue Water Navy Vietnam Veterans Act.
Jason Rash The South Is still a great investment
8 July 2024 | 0 replies
This house only needed a full paint job, hot water heater and new flooring.
Dallin Godfrey Is Home Warranty Worth it?
7 July 2024 | 13 replies
agree with everyone else one thing to have it on a home you live in. but for a rental no way.your tenant expects stuff fixed.. even manufacturers warranties are fairly useless to the landlord.one of my units had a 2 year old water heater crap out.. but by the time you apply for the warranty etc what do you expect your tenants to do go without hot water for weeks ?????
James Thompson Sold Florida STR - 1031 or Cash Out???
8 July 2024 | 18 replies
Either close to water/beach, or in scenic/mountain area.