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4 February 2025 | 2 replies
I had the original manager get a hold of him and this is what he tells me : The unit was broken into about 10 days ago.
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4 February 2025 | 3 replies
It also depends on how you hold your properties; LLC, S Corp etc... as to what the agent will recommend.
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29 January 2025 | 23 replies
Condos are also starting to only accept 20% down with reserves, not a good invest strategy at the moment.I'd recommend you stay in Tampa, Sarasota, buy some SF, duplex that need some lipstick and loving, put a tenant in there, and then get a heloc and repeat.
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31 January 2025 | 1 reply
Investment Info:Single-family residence buy & hold investment.
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7 February 2025 | 10 replies
Ask me privately.Financial Highlights- Gross Potential Rent: $98,061 per month ($1,176,732 annually)- Total Income (5/1/2023-4/30/2024): $1,357,459.80- Net Operating Income: $896,896.09- Existing assumable loan: $6.7M at 5.38% fixed rate until 2029Value-Add Opportunity- Partially renovated property with potential for further upgrades- Current loss-to-lease suggests room for rent growth- Opportunity to implement operational efficienciesMarket Dynamics- Huntsville's population grew 9.4% between 2020 and 2023- Strong job growth, particularly in aerospace and defense sectors- Significant multifamily supply growth (15.9% inventory expansion in past year)Investment Strategy- Assume existing favorable financing- Implement value-add renovations to drive rent growth- Capitalize on Huntsville's robust economic expansion- Target hold period: 3-5 years to align with loan maturityRisks and Considerations- High market-wide vacancy rate (17%) due to recent supply growth- Potential for market softening due to rapid inventory expansion- Property age may require significant capital expendituresThis opportunity offers a blend of stable cash flow from the existing operations and upside potential through strategic improvements, all underpinned by Huntsville’s strong economic fundamentals.ⓘ This is not an offer, solicitation of an offer, to buy or sell securities.
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31 January 2025 | 0 replies
Vet your contractors and hold them accountable.
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4 February 2025 | 1 reply
Investment Info:Small multi-family (2-4 units) buy & hold investment.
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21 January 2025 | 6 replies
I want to be a investor buying and holding as well as fix an flips.
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23 January 2025 | 165 replies
This way some hold outs can't bring the government to a screeching halt.
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29 January 2025 | 25 replies
They repeatedly charge me for cleaning services while my property has been vacant for 2+ months.