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12 January 2025 | 3 replies
McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.
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15 January 2025 | 6 replies
Colors, quality of paint, how much prep needed, holes patches etc.
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3 February 2025 | 31 replies
If a person benefits from a product they sell it’s only natural if they promote what is perceived as a benefit even if the quoted benefits are not automatic or even a given.
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30 January 2025 | 56 replies
Quote from @Michael Smythe: @Zachary YoungRecommend 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 property in Class D area to Class A standards, what quality of tenant will you get?
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15 January 2025 | 3 replies
It seems to me that they all whether paid of free, will all have the same exact amount of houses because all the transactions are all public and so they seem to compete with each other based on the quality of the data of the houses, how up to date it is, and the user experience in configuring the how the layout is.
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12 January 2025 | 0 replies
Hello,I am a Software Engineer and a Real Estate Investor working on a tech product for the real estate mortgage brokers.
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29 January 2025 | 31 replies
@Sang Kim- thanks for clarifying you are trying to get a commercial loan ...this is a completely different product than a home loan ...You still should be able to locate and obtain a good commercial loan without having to pay any fees upfront ( other than possibly paying for the appraisal after the loan has been approved )
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15 January 2025 | 7 replies
@Dennis KnappJ Scotts book on estimating rehab costs is a great start. https://store.biggerpockets.com/products/the-book-on-estimat...Here is a "general" rule of thumb for my market in Jacksonville, FL.
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16 January 2025 | 5 replies
@Nick HulmeMaking improvements to your primary to make it high quality enough to rent above market rents, rent it.
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23 February 2025 | 10 replies
His material is poor quality and feels very scammy.