
11 December 2024 | 7 replies
@Chizitem Ibeneme Call local property managers in the areas you're considering for the most accurate info on rental rates.

12 December 2024 | 6 replies
We’re based in Indianapolis, and during the winter months, we transition some of our STRs to MTRs to try and keep up occupancy rates.

10 December 2024 | 6 replies
The first year was tight because of higher interets rates, but his tenants effectively covered about 70% of his living costs.

12 December 2024 | 6 replies
We use a custom spreadsheet and DealCheck to break down key metrics like cash-on-cash return, cap rate, and debt service coverage ratio (DSCR).

12 December 2024 | 5 replies
However, it can come with extra costs for setup, maintenance, and potentially higher interest rates on loans.

10 December 2024 | 39 replies
So I’d call it a wash.That puts the cap rate in the 9 range.

18 December 2024 | 29 replies
Rents and property values rise pretty steadily in our market at a rate about 2-3X the national average.

5 December 2024 | 17 replies
Ps I'm all about giving back, so I would be interested in helping out some high school kids for sure, or getting involved with mentoring somehow.

9 December 2024 | 9 replies
Wondering if the vacancy rate is higher in the area as it seems more advantageous to just buy a house and pay mortgages rather than renting.