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21 September 2024 | 10 replies
Also means no regular heat source.We always leave the cabin with a good wood supply in the winter, fire starters, lighters and such to ensure they will have a heat source.
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22 September 2024 | 41 replies
Remember your costs will be more for an STR, you'll be paying for a lot of things you wouldn't with an LTR - higher STR insurance, all utilities including internet, supplies like toilet paper, paper towels, dishwasher detergent etc, upkeep on furniture and linens if damaged, yard maintenance and grass cutting/snow removal, trash removal, etc.
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25 September 2024 | 29 replies
But, nearing retirement and then, will be looking more at the type of vehicle you supply.
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20 September 2024 | 2 replies
g=173096))Housing supply shortage: # new jobs per permit issued >1.5 (based on https://www.nar.realtor/research-and-statistics/housing-statistics/housing-shortage-tracker)Rent affordability <.33 (based on https://www.zillow.com/research/housing-supply-32743)Housing affordability <.40 (based on https://www.zillow.com/research/housing-supply-32743/)Based on these criteria I got 3 cities: Raleigh, NCCharleston, SCSan Antonio, TXI would love to know your thoughts on this methodology.
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21 September 2024 | 1 reply
The current owner has worked in the business since 1981, and owned it since 2007.Key features:- $25k minimum investment- 4 year timeline, projected annual IRR 35% and equity multiple 3.12- adjacent to public transport, in a suburb where there is both housing demand and limited supply.- operator has built and filled a similar development nearby- You can find pictures and numbers on some of the buildings they have built and are building here (https://lnkd.in/gfbdvtnf).- You can find a profit calculator spreadsheet here (https://lnkd.in/g-2m_vZA).
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26 September 2024 | 32 replies
Buying 25% below FMV is tough in a market that has 5 times more demand than supply.
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23 September 2024 | 19 replies
Partially because you did not rent it for an entire year but mostly because of upfront expenses: getting it ready for rent, buying furniture, electronics, and other furnishings, stocking up on initial supplies, and so on.
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20 September 2024 | 9 replies
But ultimately, there's one thing that rates can't fix - supply and demand.There simply aren't enough houses for the number of buyers that want them.
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21 September 2024 | 13 replies
When the area eventually becomes saturated or supply exceeds demand, all you can do is race to the bottom to compete on price.
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23 September 2024 | 81 replies
You could start by giving them a month's supply of one of those brands and tell them they have to flush more often (twice per use).