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28 January 2025 | 14 replies
This approach does not work on every deal, but if they are doing 1 out of 3-5 deals like this, it really helps the fix & flipper to develop long term wealth, rather than just chasing the next deal for chunks of money.
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31 January 2025 | 42 replies
It's been too long.
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21 January 2025 | 21 replies
Long term, short-term, etc?
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29 January 2025 | 1 reply
Since bathrooms are relatively small, using some unique tiles and fixtures won’t break the bank and will go a long way with buyers.3.
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27 January 2025 | 6 replies
The strategy there is more about long-term appreciation since cash flow can be razor-thin.
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31 January 2025 | 2 replies
Small upfront investments in expertise can save you big in the long run.
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2 February 2025 | 1 reply
Meanwhile, co-living models like PadSplit are winning legal battles, proving to be a sustainable, long-term housing alternative.🔹 Airbnb is Facing Increasing Restrictions:New York City has implemented strict rules requiring hosts to register and be physically present, effectively banning many short-term rentals.Dallas and Atlanta have passed zoning laws banning short-term rentals in residential areas.California cities like San Francisco and Los Angeles are ramping up enforcement with hefty fines for non-compliant listings.🔹 Co-Living is Gaining Legal Ground:Colorado eliminated all restrictions on the number of unrelated adults living together statewide as of July 1, 2024, marking a major victory for co-living advocates.This week, Jacksonville Municipal Court ruled in favor of PadSplit, voiding citations for “illegal boarding houses” on constitutional and fair housing grounds.Cities like all over like Washington D.C. are considering zoning reforms to allow more co-living developments as an answer to the housing crisis.As Airbnb restrictions tighten, co-living is emerging as a scalable and legally sound alternative that balances affordability, tenant stability, and community needs.
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30 January 2025 | 4 replies
I did not come back to revisit this post from so long ago.I did not buy this property.
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26 January 2025 | 11 replies
As a long-term hold investor, I see this property as -$600/mo to -$800/mo depending on whether you use a PM or not.
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28 January 2025 | 7 replies
With careful planning and consistent effort, you can create a portfolio that aligns with your long-term goals.Good luck!