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2 February 2025 | 0 replies
It's now converted into a cash-flow positive long-term rental.
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2 February 2025 | 8 replies
@Martin Manning To add onto what others have shared, in the most simplistic terms, apartment complex values are based on Net Operating Income, or NOI, and the cap rate.Price = NOI / Cap RateSo, if an apartment complex has an NOI of $100,000 and a market cap rate of 10%, the value is $1,000,000.Listing agents for complexes love to price based on a pro-forma, which is utter nonsense (unless you're in Austin, in which case apartment complexes apparently have floors made of gold).
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9 February 2025 | 9 replies
Wholesaling is a great low cost way to make a lot of short-term cash, but it does not build long-term wealth.
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7 February 2025 | 3 replies
I would like to find a way to generate additional income and am exploring options other than having a long-term roommate.
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24 January 2025 | 0 replies
Buy and hold used as short term rental property.
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3 February 2025 | 5 replies
Not much in terms of online reviews as far as I can tell
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29 January 2025 | 11 replies
It can be a positive for short term rentals (if in a good area) to be near the airport.
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30 January 2025 | 8 replies
I primarily invest in buy and holds, but I do a little bit of everything including fix and flips, airbnb's, mid-term rentals, and wholesaling.
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3 February 2025 | 1 reply
Why Part of a Good Deal is Better Than 100% of No DealHey BiggerPockets Community,As real estate investors, we all want the perfect deal—the one where we control everything, make the most money, and have the best terms.
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5 February 2025 | 2 replies
I am looking into my STR options but from what I have learned this is a overflowing market in the area and the vacancy's are increasing so I may look into mid term and long term only.