Himateja Madala
STR evaluation in Kissimmee(Reunion)
9 December 2024 | 21 replies
A lot of people will pay $1200/nt for 4 crappy budget motel 6 quality rooms at the All-Star resort rather than $175/nt for an 8br themed out mansion with a private pool, theater, and $30,000 arcade room.To answer your original question on investing over a long-term period, that is really this market's main strength.
Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).
Mike Tikh
How to choose a location from the US?
2 December 2024 | 35 replies
@Mike TikhRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
However The barrier to entry in the REI teaching business is very low and a lot of bad players join the game.What you describe led me to come up with Ned's Rule of Gurus.The quality of an REI course is inversely proportional to the price
Dennis Tidwell
BUILT TO RENT: New Modern Home in Downtown Griffin, GA
30 November 2024 | 1 reply
This modern home is part of Griffin Modern's mission to create affordable, high-quality residences within walking distance of downtown Griffin.
Jason S.
Flat Broke and No Funds...What to do???
11 December 2024 | 68 replies
A quality deal you have control (under contract, seller only wants to work with you, etc.)3.)
Rich Davis
Advice for building in-house team.
30 November 2024 | 3 replies
I think the business has pretty thin profit margins and they tend to take on too many units, which results in the quality going down.
Raymond Whitley
Insurance for Rental Properties
27 November 2024 | 2 replies
Connect with a quality broker in your area that can shop the various companies for you and find you the best deal without compromising coverage.
Ethan O.
Orlando Short Term Rental
30 November 2024 | 12 replies
Labor shortages have hit that industry just like everything else, so finding reliable, trustworthy, quality cleaners is a challenge everyone is facing.
Ximei Yue
Suggestions for my 1st Investment: Should I start with a BRRRR or focus on cash flow?
1 December 2024 | 31 replies
You'll have quality tenants, minimal hands-on management, and lower potential maintenance issues.