
27 March 2024 | 21 replies
I collected MTR comps and ran the numbers, and found that I might get an extra 15%-20% from a MTR, but I'm not sure if the vacancy rate I plugged in was reasonable (I'm in a mid-size city and my properties are close to Universities, hospitals, and other things that attract MTR tenants, so hopefully I'd have low vacancy...but I like to play it safe with my numbers, so I try to allow for a good bit of vacancy)... ...plus, all the comps I collected were just listings this month, and I don't know how much they're affected by seasonality, so my rent data might not be super accurate... ...maybe I'll give it a test run with one unit that's opening up in May, and see how it goes...

25 March 2024 | 3 replies
You can specialize in investing in properties located near golf courses, which will attract golf enthusiasts.

25 March 2024 | 8 replies
You are betting your money on the neighborhood and the property (and the client base that will attract), hoping to produce a return greater than what the S&P 500 would produce over time.

25 March 2024 | 118 replies
Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

25 March 2024 | 28 replies
But it is great for holding if your looking for longevity California City is a Retirement city but it has its attractions as well like silver saddle ranch that thousands of tourist go to every year from all parts of CA they just built the Best western hotel and its still standing.

26 March 2024 | 47 replies
They all look very solid, fundamentally-sound, have clean lines, and are very attractively priced.

25 March 2024 | 10 replies
Perform a comprehensive market analysis in Winston-Salem, North Carolina, taking into account the demand for rentals, property values, market trends, and attractive neighborhoods.4.

25 March 2024 | 8 replies
North Carolina, particularly in cities like Charlotte and Raleigh, attracts young professionals with a growing tech sector; condos or townhouses might offer lower maintenance costs here.

24 March 2024 | 13 replies
I've always had good success with midterm rentals on Airbnb - You just have to make your settings to attract a midterm renter.

25 March 2024 | 35 replies
Portsmouth is attractive because of the MFH options available there.