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22 January 2025 | 7 replies
@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.
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15 January 2025 | 5 replies
House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area
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20 February 2025 | 2 replies
Lots of old houses valuing over 500k and up to 1M (local house price in my market is 167k).
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17 February 2025 | 105 replies
I wholesale houses and there's not enough time in the day, let alone us trying to sell people a program.
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22 February 2025 | 3 replies
We currently own the house we live in and would rent it out upon moving into his house.
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22 January 2025 | 9 replies
For my family investing OOS is a big long term goal (most likely south with mountains), but it's never been the main plan.
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30 January 2025 | 10 replies
Your main issues will be eggress, as usual in a basement.
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22 February 2025 | 1 reply
It’s commendable that you’ve been successfully on the HUD-VASH program for 16 years, and it’s understandable that the current housing challenge is frustrating.
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12 February 2025 | 27 replies
Definitely install backup flaps and valves for all floor drains and the main line.
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4 February 2025 | 3 replies
And that is one of the main things I wanted to get RentRedi for in the first place.