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20 January 2025 | 8 replies
For instance:If your area has many corporate offices or conference centers, you're likely to attract business travelers.Family-friendly suburbs with parks and schools often attract families.Downtown locations near nightlife are popular for groups and parties.Review Competitor ListingsSearch for successful Airbnb listings in your area and study their target audience based on:The language in their descriptions.Their reviews (guests often reveal the purpose of their stay).The amenities they offer (e.g., desks and Wi-Fi for professionals, cribs and baby gates for families).Evaluate Your Own SpaceYour property’s layout, amenities, and location may naturally cater to a specific audience.A cozy 1-bedroom apartment downtown might be ideal for professionals or couples.A 3-bedroom house with a yard might appeal more to families.Proximity to nightlife might cater to party groups.Experiment and AdjustIf you're unsure, start broad and monitor who books your property.
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19 January 2025 | 1 reply
With growing tourism and lower competition, it’s a great way to maximize cash flow.- Creative Financing: Partnering with other investors, seller financing, or using HELOCs can help scale your portfolio faster while preserving your capital.- Land Development: Got an eye for raw land?
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27 January 2025 | 12 replies
Property prices are lower compared to larger cities, offering the potential for higher returns, while the demand for rentals remains steady thanks to a large student population and growing workforce.
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19 January 2025 | 4 replies
It's growing like crazy!
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21 January 2025 | 14 replies
Everyone was on bottled water for months.You may want to ask for proof that Flint is growing or attracting business investments.Now Detroit is an entirely different story!
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21 January 2025 | 2 replies
For all methods you would want to find a market that has strong employment rates, strong income rates for the market, and is a growing or an established market.
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20 January 2025 | 37 replies
Our real estate goals are to purchase our first investment by end of 2025 (ideally small muti-family like a duplex), and scale to ~40 doors to reach our financial targets.EDUCATION & EXPERIENCE: My parents flipped every house I ever lived in growing up.
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20 January 2025 | 12 replies
Start small, focus on building relationships, and take advantage of Conroe’s growing market to achieve your goals.Good luck!
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27 January 2025 | 6 replies
You need to either, hire a competent property manager or GROW a BACKBØNE and manage your properties.
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23 January 2025 | 5 replies
If growing the portfolio isn't the route for you, then the market is still a great hedge to diversify (S&P returns 8-10%/year on average).