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12 January 2025 | 3 replies
McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.
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29 January 2025 | 22 replies
A/B Class is your top choice as this will quality tenants.
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26 January 2025 | 17 replies
Any MF of the quality and size (50 up) I would have been interested in would have been cash flow negative for the next 5 years or so, even with 30% down.
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17 January 2025 | 12 replies
Some of the materials we choose and asked him to pick up (such as flooring) he replaced with low quality materials, I assume to keep more of our money for himself.
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15 January 2025 | 6 replies
Colors, quality of paint, how much prep needed, holes patches etc.
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15 January 2025 | 3 replies
It seems to me that they all whether paid of free, will all have the same exact amount of houses because all the transactions are all public and so they seem to compete with each other based on the quality of the data of the houses, how up to date it is, and the user experience in configuring the how the layout is.
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19 February 2025 | 88 replies
And note in this I do NOT skimp on material quality.
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11 January 2025 | 2 replies
@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.
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16 January 2025 | 5 replies
@Nick HulmeMaking improvements to your primary to make it high quality enough to rent above market rents, rent it.
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27 January 2025 | 12 replies
Not being on the ground makes it difficult to monitor progress and judge the quality of work.