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16 June 2023 | 16 replies
Many investors who love real estate but hate the day to day tasks of upkeep ("tenants and toilets") invest in syndications.
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5 October 2023 | 21 replies
Nestled in the heart of the Ozarks, this charming town offers a wide range of attractions, from world-class entertainment and outdoor adventures to picturesque lakes and family-friendly fun.
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9 October 2018 | 15 replies
I really enjoy the charm and history of the south city area as well as the abundance of amenities in the area.
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30 May 2019 | 13 replies
I am a huge dog lover, however:Your house and lawn (pee and poop) will get destroyed.The dog may bite someone on your property, and the next thing you know, you are dragged into a lawsuit.
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25 February 2023 | 27 replies
It's a great place to live, but Redlands just has that extra level of charm that is hard to find anywhere else in the IE.
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2 April 2019 | 4 replies
Pelham is going to be good, also, and it has more pre-WWII homes that can be rehabbed into something really charming and desirable.
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14 February 2024 | 59 replies
I love real estate and I think it can be a great asset class for many investors, but it's not for everyone. 401Ks on the other hand get a lot of bad reps in these forums.
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30 November 2023 | 39 replies
There must be a lot of money in the business because I am always amazed about how much money he spend on the motel and he tore down a separate house he lived in on the property and build a mansion.As for someone investing who has no experience, I think someone who invests in a hotel or motel should understand that it is a 24-hour business that requires 100% around-the-clock employees willing to work during every major holiday even during the worst weather conditions, storms, or through whatever crises and current events are happening.The business requires several different shifts of workers for the front desk, several shifts of room-cleaning workers since many hotels and motels have guests coming and going 24/7 and they want to re-rent rooms asap, constant room maintenance for plumbing, heating and cooling and the guests come in all shapes and sizes with all sorts of inherent problems when it comes to the things they do both on the property, in the rooms, on the bed linens and then add the dealing with drug addicts, potential prostitution, potential sex-trafficking, potential sexual abuse in general and abuse of a minor, damage to the property, out-of-control parties, lovers having fights on the property and in the rooms, damage and theft to the linens, damage to bedspreads, and damage to the flooring.Since I am a plumbing contractor, many motels and hotels call my company to remove drug addicts' heroin needles stuck in toilet bowls.Before making an investment into a hotel or motel an investor needs to take a serious long amount of time to look at the books to see whether or not business in the area is declining, but since the hotel and motel business is one of the greatest cash businesses' in this country you can bet that many sellers will make you well-aware that the 'real' income cannot be verified.I did a lot of research for the past 20+ years, looked at more than 100 hotels and motels for sale and declined to purchase most of them due to the decline in sales in most areas they were located in.
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19 July 2023 | 10 replies
Investing in rental properties in Channelside can offer potential for high demand and attractive rental income.Ybor City: Known for its historic charm and cultural heritage, Ybor City is a popular neighborhood for both residents and tourists.
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14 April 2023 | 75 replies
The older houses have beautiful charm, high ceilings, unique craftsmanship, and lots to fall in love with... if you do a renovation, it will rent quickly... but what tenants won't love it?