Saulo Dias
What Matters Most for Vacation Rental Success?
14 September 2024 | 26 replies
Also, not just sitting and waiting for bookings to come through Airbnb or VRBO and going get them yourself can drastically help you outperform similar properties near by.
Lan Raby
Ultimate Money Pit... Quadplex priced too good to be true. The true cost was stress.
11 September 2024 | 6 replies
I literally had to put both tenants in a nearby hotel for a week.
Lucas Morales
Are Vending Machines Great For Multifamily?
10 September 2024 | 7 replies
Possible coin machine needed nearby (although most are CC today), additional lighting for added security of both machine and customers.To your point, you do see vending machines in the 200+ unit range, often near or in clubhouse and pool areas.
Joseph Lawrence
Shelby, NC for Investment Property
10 September 2024 | 1 reply
.- Diverse Property Portfolio: The area seems to have a mix of both residential and commercial properties, which could allow for diversification in your investment strategy.Strategic Location: Shelby's proximity to global markets via nearby airports, rail, and port facilities could make it attractive for businesses, potentially driving demand for both commercial and residential real estate.Potential Challenges- Economic Concerns: The unemployment rate of 13.0% is relatively high, which could impact the overall economic stability of the area and potentially affect real estate values and rental demand.- Price Discrepancy: There's a notable difference between the median listing price ($295,000) and the average home value ($201,945).
Martin Navarro
Analyze medium term rentals
11 September 2024 | 10 replies
And lastly, I search FunishedFinder listings nearby, find comparable properties, and track the listed rent for a few months (does it increase, decrease?).
Tiffany Roberts
I hate my rentals- should I just sell and be done with this game?
17 September 2024 | 68 replies
I'm not in the same boat but I'm definitely paddling along nearby.
Kay B.
No shower for 3 days due to necessary repair
11 September 2024 | 31 replies
When I have issues like this, I give the tenant a free membership to a nearby gym where they can shower.
Emmanuel Ola
Urgent Advice Needed: Choosing the Best DSCR Loan Option Before Closing
6 September 2024 | 4 replies
Make 20% increased payments for 2-3 years, stockpile your cash and after 2-3 years pay it down more if you really like.
Marssie Versola
Cost estimate for carpentry work for flip project
9 September 2024 | 7 replies
will you need to reframe so the height matches other door ways near by for asthetics?
Sam Kay
Multiple Recurrent Leaks - Need advice on pivot strategies.
9 September 2024 | 14 replies
STR a suboptimal option in this market due to restrictive ordinances.Purchase price: $1,260,000 with 11% down @6.75% fixed 30 yrTotal Rehab costs (labor + materials) thus far: -$70,390Cashflow to date (NOT including Rehab Costs above): -$60,237Projected Cashflow: 3.1% with 3 LTR tenants Wanted the group’s expertise on options as I am considering parting ways with this property given the number of leaks that have come up in this relatively young property.1) In 2025, 1031 into another (potentially more units) multifamily at least 20 years old.2) Investigate leaks/Stabilize and proceed with original plan as LTR and accept uncertainty related to potential future leaks.3) Proceed as MTR (hospitals and NYC nearby) so that can intervene on issues during vacancy periods.