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16 January 2025 | 9 replies
I would also encourage you to look into the house hack space.
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6 January 2025 | 7 replies
DSCR recently came popular in the loan brokerage and private credit space with the rise of STRs and MTRs.Your local bank lenders will have the best rates typically.
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17 January 2025 | 9 replies
I've often found that just going right to the expert in the space is going to be the most direct source of info.
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8 January 2025 | 6 replies
., preferably with a great outdoor space.
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7 January 2025 | 13 replies
Hearings take place in the small claims court which is designed for non-attorney litigants and has relaxed procedures and rules of evidence.
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19 January 2025 | 11 replies
That might include things like adding units, converting commercial space to residential, or finding ways to boost income (like adding parking).The key is recognizing opportunities while walking the property, and that takes experience.
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22 January 2025 | 12 replies
On the rent-by-room question: that is correct, about 18-24 months ago, rent-by-the-room was okay in the DSCR space, but those times are behind us.
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12 January 2025 | 7 replies
Beyond that, networking with other investors in the mobile home park space could open up some doors for partnerships or additional funding ideas.
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29 January 2025 | 22 replies
Sometimes the tenants are coming from shelters or other communal type of housing where maintaining a space my not be solely there responsibility so maintaining the unit may not be to your liking.
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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.