However, the suitability of buying and renting out a single-family home in Richmond can depend on various factors, such as market trends, rental demand, and property values (similar case with all markets, really.)Chatting with a local agent in the area can provide very helpful insights into the market, data, and specific neighborhoods.

., through streamlined property management, lower maintenance costs, and improved operational systems), we’ll have the flexibility to adjust rents strategically in a way that supports affordability for specific tenant groups, like workforce housing.Generating Income Beyond Rent:The portfolio’s income isn’t solely reliant on rents.

purchased below FMV What was the outcome?

Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons).

Specifically I could add a French door to a room to make it a bedroom.

Well even if the rent is equal to the mortgage, you'll still be in the negative after repairs, CapEx, vacancy, etc.Why would you specifically be thinking of investing at a negative cash flow?

During demo, if they open up a wall and find a leak that requires a change order. the change order should be specific to that repair and have a cost associated with it. 6.

Firstly I apologize that I do not have any market insights data specifically, but Houston has been a rough market as valuations have pulled back.

I’ve built a 12-door portfolio here since 2019, and it’s been one of the best decisions I’ve made in real estate.If you’d like to dive deeper into Detroit-specific strategies or need some pointers on how to get started, feel free to reach out!

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?