It’s simple, people who spend good money on the home of their dreams don’t want STR’s next door to them.  

Once you get this information to them you will also be required to do a zoom call and walk around showing them some of this info - the office, any signage, and locks on doors.

Purchase price: $144,900 Cash invested: $13,000 This is a charming 4 bedroom, 2 bathroom home in Bossier City, LA.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Something with more doors and more potential.

Hello everyone my name is Omar I’m 24 ,just recently came across wholesaling  and I started doing some research on it and it seem like it’s the best option for me now to get my foot on the door and eventually start doing flips down the road. since I’m new to wholesaling and barely know anything about it what books, YouTube chancel, podcasts, even a course that might help me get on track and learn the fundamental of wholesaling.I always come across some type of strategy of real estate that I might consider to pursue but I never end up staying consistent and taking action but my goal is just to learn about wholesaling and find a way to take action now.

I have over 101 doors now.

Install cameras and exterior lighting on timers, place no trespassing signs, and place items that indicate occupancy - like a BIG dog bowl near the front door, shoes, etc. 

Hi @Laura Kreinbring, you can give them 30 days notice before their lease ends (written via email & a letter on their door) stating that you will not be renewing their lease. 

If anyone has their hand out for money at the door, it's to make money!