
22 October 2024 | 8 replies
So you'll have owner finance terms+ lease payment terms from the landlord + utilities + attendant/staffing costs.

22 October 2024 | 19 replies
On future deals, utilizing hard money makes the most sense.

28 October 2024 | 40 replies
Basically, you are being paid for a job.Or you can hire a PM (be more passive) and have income after expenses (PM, utilities, furnishing costs, etc) that is comparable to LTR income.

23 October 2024 | 6 replies
Check out other online guides available here: https://www.biggerpockets.com/guides3.

22 October 2024 | 5 replies
This may be easier to find in smaller towns or rural areas.Growth potential: Research areas with growing populations or emerging business districts.Tax incentives: Some localities offer incentives for small businesses or specific industries.Infrastructure: Ensure reliable internet and necessary utilities for your business.Potential locations to explore:Atlanta suburbs: Consider areas like Decatur, Marietta, or Lawrenceville for a balance of affordability and proximity to the city.South Carolina: Look into growing areas like Greenville, Rock Hill, or smaller towns in the Upstate region.North Carolina: The Research Triangle area (Raleigh-Durham-Chapel Hill) offers opportunities, as do smaller cities like Asheville or Wilmington.Remember to thoroughly research local building codes, zoning laws, and business regulations in any area you're considering.

23 October 2024 | 13 replies
The more forward-thinking fractional companies are utilizing blockchain technology to automate a lot of the backend to help with this.

23 October 2024 | 4 replies
Check the in person events and meetups in your local area, our online community is full of knowledge and folks willing to share and still nothing replaces the opportunity to interact IRL, you never know who you will meet and where that can take you on your REI journey.

23 October 2024 | 6 replies
More rental income than a long term rental (LTR) but less than a short term rental (STR) property.One thing to keep in mind is you are responsible for furnishing and maintaining the property and you might also be responsible for utilities.

25 October 2024 | 23 replies
Connecting with local real estate investor groups, attending meetups and conferences, either in person or online, can give you advice + support as well!