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11 July 2024 | 24 replies
I therefore had a big desire to keep them both as furnished rentals (so we could continue to use the units when desired).
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10 July 2024 | 8 replies
If you go the AirBnB route just make sure you go all in - don't skimp on furnishings, design and amenities - so give yourself enough room to purchase these items.
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12 July 2024 | 281 replies
Unit was loaded with designer purses, $1k shoes, jewelry, expensive furnishings, etc.
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6 July 2024 | 1 reply
Hi Everyone,Has anyone had much success with furnished finders in the Los Angeles area?
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9 July 2024 | 5 replies
If you’re buying in a desirable neighborhood and have the capital to do fantastic design and furnishing, you will still do very well.
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8 July 2024 | 7 replies
Since I live less than a mile away from a hospital and clinic. this would be a perfect thing to set up. though, the amenities will have to be furnished.
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8 July 2024 | 4 replies
Furnished Finder is evolving away from being solely focused on travel nurse housing, but it's still the leader in this space overall.
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8 July 2024 | 12 replies
I've seen some clients in Denver throw in whatever furnishings they find on Craigslist or FB Marketplace and then wonder why their short-term rental numbers aren't great.
9 July 2024 | 2 replies
My thoughts are to have an investor that buys into the current equity ($200k / 2 = $100k buy-in) Home value is +/- $645k (++ golf cart and fully furnished) splitting the mortgage/utilities/upkeep expenses going forward (+/-$4700 / 2 = $2350 monthly) and split the use time of the home and all future profits 50/50.
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9 July 2024 | 10 replies
Here's how to get started and advice on each area:Section 8 Rentals:Education: Learn about the Section 8 program, including eligibility requirements and benefits for landlords.Networking: Connect with local landlords who have experience with Section 8 rentals for practical advice and insights.Property Selection: Look for properties in Raleigh, NC, and surrounding areas that meet Section 8 housing standards and have potential for rental income.BRRR Method (Buy, Rehab, Rent, Refinance):Research: Study the BRRR method to understand how to find undervalued properties, finance renovations, and refinance to pull out equity.Partnerships: Consider partnering with contractors, lenders, and real estate agents experienced in BRRR to streamline the process.Market Analysis: Analyze local market conditions to identify neighborhoods with potential for property value appreciation and rental demand.Airbnb Properties:Regulations: Familiarize yourself with local regulations and zoning laws governing short-term rentals in Raleigh, NC.Property Preparation: Prepare properties to meet Airbnb standards, including furnishing, amenities, and guest experience.Marketing: Develop a marketing strategy to attract Airbnb guests, leveraging platforms like Airbnb and optimizing property listings.Overall Strategy:Continuous Learning: Stay updated with industry trends, attend local real estate meetups, and consider joining real estate investor groups.Financial Management: Manage your LLC, Opal Capital Holdings, effectively to track expenses, income, and tax obligations.Long-Term Goals: Keep your multifamily apartment goal in mind, and progressively scale your real estate portfolio based on experience and market opportunities.If you would like some help getting started, or just want to discuss please feel free to reach out to me directly.