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15 January 2025 | 5 replies
Do they value nicer finishes and design or is that additional cost lost on the typical tenant in that pocket?
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12 January 2025 | 20 replies
Also you could start with local Plan-printing companies as they're always printing plan sets for architects and designers before they go to county and after the county comes back with changes.
15 January 2025 | 5 replies
After 2 years you can apply for a “Rent consideration” (I think that’s what they called it) as long as you still live there and that may allow you to increase rents by more than the annual allowance (probably designed for unit that are very low rents).
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15 January 2025 | 6 replies
Using LVP was a smart choice—it holds up well when wet and is cost-effective to replace.
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14 January 2025 | 7 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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20 January 2025 | 7 replies
If you acquire one new property each year, you could significantly increase your wealth and potentially position yourself to qualify for larger investments, like apartment buildings or construction loans, within 10 years.I’ve worked with clients who have successfully implemented this strategy, and it has proven to be an effective path to building long-term financial freedom through real estate.Good luck with your decision!
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17 January 2025 | 19 replies
The only approach I’ve found effective is offering a deposit alternative, which lowers upfront costs for tenants without devaluing your property.
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19 January 2025 | 61 replies
There are also some benefits to leverage such as tax breaks that lowers the effective cost of borrowing the money.
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29 January 2025 | 23 replies
Prices a few years ago were based on expectations of (in addition to interest rates staying low): - Then current operating cost assumptions (like insurance cost expectations being flat)- A seeming disregard for record levels of new inventory / supply hitting the market- Extremely high inbound migration expectations which are likely to not be met, due to both natural disasters and the boomerang effect when people from California or the Northeast move to the American South and hate every minute of the humidity, the large and relentless swarm of insects, and the occasional hurricane.
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13 January 2025 | 5 replies
They claim to market on dozens of online channels, and they seem to know the right amenities to feature, have great design, services, experiences etc.