Reid Sealby
Renting out RVs/Campers as STR...
30 May 2024 | 8 replies
It has worked great for me.The only downside I see is the potential for damage and also the long orientation that has to be done if renter's haven't used an RV before.My wife and I considered buying an RV to mostly rent, but decided not too as they were very hard to purchase last year.
Trevor Hill
Any successful STR investor's on the OR coast?
1 June 2024 | 13 replies
My next step after posting this is to reach out to a few similar hosts for the style of property I am looking to invest in and see how well they do on a personal level.
Marc Shin
STR's with pools?
30 May 2024 | 13 replies
You need to look at your market and look at what the comps with same style pool are getting in that market compares to those without.
Gabriel Turmero
Tax Lien & Tax Deed investing
29 May 2024 | 8 replies
Also seen the opposite where decent lot, decent price, looked clean, but when I got there must have been $100,000 in cleanup needed with all kind of trash and junk on that lot.I've never been to Harris county auction, but from what I understand they have multiple auctions and maybe even different locations depending on the precinct, so know where to go if you can.At one time there was a lady that would offer orientations at Harris county maybe 1 hour before the auction starts.When you are ready to bid, know how to pay.
Tyson Scheutze
Insights from IMN: Single Family Rental Forum East
28 May 2024 | 6 replies
BTR is good for long term rentals but for construction economies of scale it's pretty bad. they need to be on the higher density side of built to rent communities greater than 10 units per acre in townhome styles without garages in my opinion. it's a slow model and the entitlements take forever, BTR communities are suburban mostly which have lower rents and thus lower values.
Elvin William
Any one has rental in D class neighborhood.
30 May 2024 | 43 replies
43608 is rough and out of hundreds of deals we have done over the last 10 years, never touched 43608.Only a few streets are decent but even then, I wouldn't buy in the area.It's the "bang on doors with a shot gun and bullet proof vest" type property management style heheEach to their own tho.43609 is decent but can also be a hit and a miss so will depend on the exact pocket.Wishing you much successThanks for the update on the area.
Christopher Trastoy
Mixed use property Loan
28 May 2024 | 5 replies
Hi - typically Mixed Use properties are going to require a traditional commercial real estate loan from a bank, small balance commercial private lender or for the larger ones a CMBS style loan.However, a newer "DSCR Loan" product for Mixed Use is making a comeback - which is a really great option for smaller properties/more beginner investors since it has all the same trappings as a residential DSCR Loan (30-year fixed, easy qualification, straightforward process) for a property with commercial units.Generally going to be limited to 8 units max and has to be primarily residential in every way (majority residential by units, square footage and rents) but if it fits all that, its a great option
Eric Yu
Should I Replacing Entire Plumbing / Electrical?
29 May 2024 | 8 replies
If the price to replace is within budget I'd do it because you're putting out a newer/safer/more reliable product.2) Cost to replace the entire systems is tough to gauge without knowing the building size and style...
Kris DeVito
Milwaukee Neighborhoods - Where to look, where to avoid
28 May 2024 | 17 replies
If we were to see major changes in zoning and redevelopment we could see some LA style gentrification of neighborhoods.