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9 July 2024 | 5 replies
San Antonio is an rich vibrant city full of affordable housing, tourist attractions (Alamo, riverwalk, sixflags, white water and more), military bases (Fort Sam Houston, Lackland Air Force Base, and Randolph Air Force Base) and surrounded by great suburbs (Stone Oak, Alamo Ranch, and the Dominion).San Antonio reclaimed its spot as the nation's fastest-growing city in 2023.
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8 July 2024 | 6 replies
If it's permissible then the #1 feature for top producing STR's is proximity to water.
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7 July 2024 | 0 replies
Sean Gribbons Broker at The Gold Standard Brokerage
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8 July 2024 | 5 replies
From what I have gained you can also vet them yourself to ensure they meet your tenant standards.
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8 July 2024 | 1 reply
This house only needed a full paint job, hot water heater and new flooring.
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10 July 2024 | 112 replies
I'm gonna make some money with a local or web business and wait until we get some blood in the water in the housing market.
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7 July 2024 | 0 replies
Sean Gribbons Broker at The Gold Standard Brokerage
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7 July 2024 | 0 replies
Sean Gribbons Broker at The Gold Standard Brokerage
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7 July 2024 | 0 replies
Sean Gribbons Broker at The Gold Standard Brokerage
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8 July 2024 | 2 replies
As a hard money lender who works with many investors in the Portland area, I can share some insights on maintenance costs for multifamily properties in this market, though individual experiences may vary:Lots of investors report a slight decrease in maintenance costs during winter months, bc of:- Fewer landscaping needs - Less wear and tear on HVAC systems (as heating is generally less intensive than summer cooling)- Reduced tenant turnover in winterWinter-specific issues can arise:- Potential roof repairs due to heavy rain or occasional snow- Gutter cleaning and maintenance to prevent water damage- Heating system repairs or maintenancePortland-specific factors:- The mild climate helps reduce extreme weather-related maintenance issues. - Older housing stock in some areas may require more upkeep. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!