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1 March 2024 | 19 replies
My last property, which should have been very attractive to voucher holders, had 100+ inquiries, 20+ applicants, and... 1 was a S8 voucher holder.I chose a cash paying tenant and she's amazing!
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4 March 2024 | 18 replies
All three areas attract different types of guests and have difficulty amounts of inventory.
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2 March 2024 | 35 replies
I would say that as long as you are close to major hospitals, universities, company headquarters, airports, tourist attractions, or beaches, you'll generally be pretty safe in getting your desired return.
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1 March 2024 | 15 replies
It's huge in Atlanta because it's hard to find apartments in Atlanta for under $1200/month, so getting a Padsplit at $700/month is pretty attractive.
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3 March 2024 | 53 replies
I was attracted by them in their FB post.
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1 March 2024 | 0 replies
This is using updated data from the MLS and Redfin.Median Sales Price: $382k (down 2%)Median Single Family Price: $433kMedian Townhome Price: $333kMedian Condo Price: $270kAverage DOM: 35Number of Homes Sold: 296 (down 6%)Homes receive 2 offers on average.19% of homes sell above asking still.Average Sale-to-List Price of 98%67% of homes utilize a price drop to attract buyers.The most popular neighborhoods were:- Brier Creek- North Hills- Downtown- West CaryAccording to CBS News: "Raleigh is #2 hottest real estate market in the US, Durham is #4, according to 2024 rankings"Inventory is still below the "norm" but significantly higher than it has been in recent years.
1 March 2024 | 2 replies
Rochester, NY, has become one of the hottest housing markets, attracting many remote workers from NYC due to its affordability.
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2 March 2024 | 43 replies
By good property, and duplexes are generally NOT good, and do not attract good tenants.
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1 March 2024 | 34 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY 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.Class A is relatively easy to manage, can even be DIY remote managed from another state.
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1 March 2024 | 19 replies
A pool is a must, and the home must have theming to attract the Disney crowd.