Imani Naomi
Good Times to Invest vs Bad Times to Invest
3 December 2024 | 3 replies
Phase #1 - Recovery - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."
Bridger L Logan
Any success with rent by the room?
15 December 2024 | 59 replies
Rent out to roommates so I employ the "rent by the room" essentially.Pros:insane cash flowif your room offer is much better value than other places to live, tenants will stay awhilea small community can be built when your tenants become friends with eachothernever ending supply of tenants (at least in my area)Cons:CAN BE management intensiveWILL BE management intensive until you gain experience and know how to manageIf you employ this strategy, the BIGGEST risk/liability mitigator is being VERY clear from the start about your expectations and that you will evict if new tenant doesn't follow your rules.With my setup - I furnish the rooms and have all utilities covered.
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
Ultimately, what drives real estate values is supply and demand and the income you can derive from those properties.
Rene Hosman
If you had one question for a professional house flipper, what would it be??
4 December 2024 | 25 replies
Any tips or tricks on how to source fixtures and finishings or general construction supplies?
Chad Gardner
Looking to house hack / move to Minneapolis/St. Paul. Help?
7 December 2024 | 9 replies
Such units are painfully in short supply and sky high demand.
Nadir M.
Maintenance replacements for certain household items
5 December 2024 | 20 replies
I know alot of people are charging 30-40 bucks a month around here and that covers the supplies to do the furnace and fridge filter but its still on the tenant to actually do the labor part.
Sean MacDonald
Post Election Market Predictions?
30 November 2024 | 6 replies
Real estate is going to be more rate and supply driven, than election driven.Equities will be election spurred(in the short term) but fundamentally earnings driven in the near term.
Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
My involvement in this dispute of deposit money began and ended in those screenshots I supplied.
Nathan Gesner
Are rents dropping in your market? You are not alone.
28 November 2024 | 26 replies
More demand than supply.
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
Supply is being taken off the table.