Ray T.
Lehigh Valley PA, investing
20 September 2024 | 36 replies
Big change would be 17th street, west of that is class A, east of that is where it starts being downtown Allentown.
Ashley Wong
Columbus/Tulsa/Huntsville - LTR vs. MTR?
16 September 2024 | 9 replies
I can’t speak as much to OK or AK, but Columbus is one of the few metropolitan areas in the post-Covid US whose downtown life has fully bounced back.
Terri-Leigh H.
Best neighborhoods for flipping - Tampa
13 September 2024 | 6 replies
Some of the top neighborhoods closer to downtown Tampa and downtown St Petersburg include:South Tampa - 33629, 33611, 33609, 33616 (there is potential to get homes under $500k here but prices go up to $1 million+).
Cameron Fowler
Short Term Rentals in Indianapolis
13 September 2024 | 0 replies
This steady influx of visitors is creating strong demand for short-term rental properties, especially in areas close to downtown, such as Fountain Square, Mass Ave, and Broad Ripple.High Occupancy Rates: Short-term rentals in the city are enjoying high occupancy rates, particularly during peak event seasons.
Dan Kiely
Houston House Hacking Strategy
12 September 2024 | 7 replies
The Heights is trendy and closer to downtown Houston, appealing to younger renters.
Erica Calella
STR Buy/Sell Trends 2025
16 September 2024 | 18 replies
They’re now focused on unique properties with appealing natural amenities, like waterfronts or downtown areas, in growing locations that will consistently attract guests.
Rob Chopra
Cleaning Unit for Turnover
11 September 2024 | 10 replies
Hey Ryan, yes I was told that just a cleaning alone, not any repairs, would be around $200-$250 but was shocked when I was sent an itemized bill and was charged $550 to clean a 2BR/2B condo downtown.
Jaime Powell
Multi-family Portfolio in Augusta, GA
12 September 2024 | 2 replies
It is only 1-2 miles from the hospital downtown and the medical college.
Dat Chung
How Many Rentals to Net $400,000/month
11 September 2024 | 20 replies
If I want $400k a month I am in commercial real estate and luxury office in downtown area like K st dc etc.
Caleb Raymaker
Bay City, MI: Hidden Gem for Real Estate Investors? Let's Crunch the Numbers!
12 September 2024 | 6 replies
Impressive Rent-to-Price Ratios: Average rents for 3-bed homes are about $800-$900/month, potentially yielding 12-15% gross returns.Economic Transition: While historically industrial, Bay City is diversifying into healthcare, education, and service sectors.Revitalization Efforts: Downtown redevelopment and community initiatives are breathing new life into the city.Strong Cash Flow Potential: Low property taxes and insurance costs contribute to robust monthly cash flows.Let's crunch some numbers on a hypothetical deal:Purchase Price: $75,000Down Payment (20%): $15,000Mortgage (4.5% interest, 30-year fixed): $304/monthProperty Tax: $100/monthInsurance: $60/monthEstimated Repairs/CapEx: $100/monthProperty Management (10%): $85/monthTotal Monthly Expenses: $649Potential Rent: $850/monthEstimated Monthly Cash Flow: $201Cash-on-Cash Return: About 16.08% (not including appreciation or tax benefits)These are rough estimates, and individual properties will vary.