Many of our investors at our brokerage have pivoted to the rent by the room model through platforms such as homeroom or padsplit which is pretty prevalent across the south east and some other major metros.Happy to chat specifics - feel free to reach out in dms or contact info in bio!

Just 218 miles from Silicon Valley, Reno benefits from its proximity to major economic hubs.

Being new to the area, finding subs to bid jobs at a reasonable price is probably going to be one of your major challenges. 

One of my coworkers does a lot of private lending similar to this and he always goes to a title agent in the area of the property and asks for the title's legal department to draft up legal loan documents. 

The builder doing their own inspection and the buyer has to accept it feels like a major conflict of interest...

I focus on Columbus, Ohio, where growth is fueled by major tech companies like Intel, Meta, Amazon, and Google.

We aren't particularly close to any major college and still get steady renters.

I am a Foreign Service Officer working for the United States Department of State, and I am often posted at consulates or embassies abroad.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I have been brokering purchase rehab loans as majority of my business for last few years.