
8 April 2024 | 4 replies
That way you do not have to fill it with as much dirt and it would still be an attractive feature for the property.

8 April 2024 | 4 replies
Here are some considerations for each option:Option 1: Using the HELOC for a down payment and renovation on a second property to rent:Pros:You can leverage your existing property to acquire another investment property without selling your current home.Rental properties can provide a steady income stream and potential long-term appreciation.You can use the HELOC funds for renovation, which can increase the property value and rental income.Cons:You'll have to manage the property yourself or hire a property manager, which can be time-consuming and add to your expenses.There is a risk of vacancies or unexpected maintenance costs, which could impact your cash flow.You'll have to pay back the HELOC, which will increase your monthly expenses.Option 2: Building a new house in a new community and selling it for a profit:Pros:You can potentially make a significant profit if the market is favorable and the property value increases during the construction period.Building a new house allows you to customize the property and potentially attract more buyers or higher rents.Cons:This strategy involves a higher level of risk, as you're betting on the market to appreciate in a relatively short period.There are many unknowns and potential delays in the construction process, which could impact your timeline and profitability.You'll need to have a good understanding of the local real estate market and construction costs to ensure that your project is profitable.Before choosing either of these strategies, consider the following:Research the local market conditions in Chandler, Arizona, to understand the current demand for rental properties and new construction homes.Consult with a real estate agent or investment advisor who has experience in the local market to get their insights on the best strategy for your situation.Evaluate your financial situation, including your income, expenses, and risk tolerance, to determine if either strategy aligns with your goals and financial capacity.Consider the tax implications of each option, as this can impact your overall profitability.Create a detailed financial plan for each option, including projected income, expenses, and potential risks, to help you make an informed decision.Ultimately, the best strategy for you will depend on your unique situation and goals.

8 April 2024 | 11 replies
Expanding your reach by partnering with a local property management company in Jacksonville and implementing a pet-friendly policy can attract more tenants.

7 April 2024 | 8 replies
For the reasons you mentioned, I don't think it's attractive for house hackers.

7 April 2024 | 53 replies
The Pocono's, Monroe, Pike, Wayne and Carbon Counties have long been attractive to NY & NJ residents.

6 April 2024 | 8 replies
I found the other post from lady I @ about the cost.

7 April 2024 | 7 replies
I personally am looking for rentals within a few km's of either Sault College or Algoma University because both those schools are focusing on attracting more international students.

7 April 2024 | 11 replies
It seems to have the highest fees for permits and STR’s in general but it’s the closest to all the major attractions.. do you have any tips and pointers to help me stand out or get started?

7 April 2024 | 5 replies
Probably my best option, and then handling all of the information and details to make it as passive as possible for them to make it as attractive as a deal as possible.

7 April 2024 | 13 replies
There are still pockets in those areas but if you screen and give a good product you can attract great tenants.