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17 February 2025 | 0 replies
They are major BRRRR projects with the main exit strategy being to hold as medium term rentals.
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20 February 2025 | 5 replies
This is where I would start if I were you—perhaps leveraging one of your existing properties.As a last resort, you could look for a partner willing to fund the project in exchange for a share of the equity.
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18 February 2025 | 2 replies
your comment around "approvals will be easy to get" gives me pays if you've not done this type of project before, I understand your logic, and I don't know your local municipality but it always seems to me that no matter how easy we think a project or approval is going to be, something always comes up.
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17 February 2025 | 0 replies
They are major BRRRR projects with the main exit strategy being to hold as medium term rentals.
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18 February 2025 | 4 replies
This bodes well for long-term equity growth.Rising Rents: The uptick in rental prices shows a strong demand for rental properties and could lead to better cash flow for investors.Economic Strength: Reading has a diverse economy, with key sectors like manufacturing, healthcare, and education providing stability.Rental Demand: Low vacancy rates signal that people are actively renting in the area, which is essential for scalability.Future Development: Any upcoming infrastructure projects or new businesses could further boost the market.With these positive trends, it seems like Reading could be a scalable rental market.
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18 February 2025 | 0 replies
In this scenario, you might even walk into equity when your project is completed.
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13 February 2025 | 16 replies
I use partnerships to help me fund my projects when it is hard to get financing.
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10 February 2025 | 7 replies
My question is about the funding for the project.
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21 February 2025 | 3 replies
Hi Trent, to take on a project like that I would want to be very confident on the location.
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13 February 2025 | 12 replies
We haven't been able to sit down and really focus on what will be the best investment project...but...we should get on a zoom call and discuss it in more detail.