
8 August 2024 | 0 replies
Improving public transportation and ensuring it remains accessible and fare-free is a positive step, but it's not enough if residents still need to commute long distances for work or basic amenities.Investing in local infrastructure, encouraging businesses to set up in Worcester, and providing incentives to attract and retain jobs within the city are essential steps.

8 August 2024 | 6 replies
@Christopher GarciaReally depends as there will be investors who will want debt as long as there is no debt in front of them as well as those that want equityFor debt typically there is no upside but however you want to do it is up to youIn option 1 you note 80/20 equity split then 70/30 profit split.

8 August 2024 | 5 replies
As long as you provide what they require for on-boardng.

7 August 2024 | 15 replies
I can REFI when rates get low again- but there is no telling how long that will be and it costs 5-10k to refi..

8 August 2024 | 17 replies
At least in my state, I have recourse if the property is not delivered in the same condition as long as you have a solid contract in place.

8 August 2024 | 19 replies
I've got a single family home rented out in San Jose, CA and unfortunately my long term tenant has stopped paying rent and is ghosting me.

8 August 2024 | 12 replies
We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.Here's a little more details about this deal:* Purchase price: $163k* Financed price: $132k @ 7.625% APR* After repair (estimated value): $225k* Gross rents: $2150 ($750 one year lease & $1400 six month lease)* Annual taxes and insurance: $7000* Approx credit score: 650 (I used interest free credit card to pay for remodeling this property and maxing it out caused my score drop almost 50 pts!)

8 August 2024 | 28 replies
This attracts higher quality, mid to long-term tenants who often take better care of their living space.#3 Higher Rent Potential:ADUs offer an additional income stream, allowing investors to charge higher rents overall.

7 August 2024 | 20 replies
I'm looking to shift my focus from the long game of rental appreciation to the BRRR method.

8 August 2024 | 4 replies
There is demand for this type of housing, and buyer-landlords can achieve a decent return on investment with new properties while benefiting from long-term appreciation.While Worcester may not offer the vast expanses of land seen in other cities, thoughtful development and strategic investment in Build to Rent projects can meet the needs of residents and provide solid returns for investors.