Today’s high interest rates mean that deals in 2024 are unable to shoulder as much debt as an equivalent deal three or four years ago.It’s also a bit difficult to say whether quadruplexes or turnkey single-families sport higher yields, since operating costs—and thus NOI available to service debt—is so deal-dependent.

Grayson County is really a 2 year school, but also gearing up to supply whatever the employers like TI and Global Wafer need. 

Also means no regular heat source.We always leave the cabin with a good wood supply in the winter, fire starters, lighters and such to ensure they will have a heat source.  

Remember your costs will be more for an STR, you'll be paying for a lot of things you wouldn't with an LTR - higher STR insurance, all utilities including internet, supplies like toilet paper, paper towels, dishwasher detergent etc, upkeep on furniture and linens if damaged, yard maintenance and grass cutting/snow removal, trash removal, etc.  

That business has fed my family allowed me to never miss one of my sons, sporting events and his provided a great lifestyle.

But, nearing retirement and then, will be looking more at the type of vehicle  you supply. 

g=173096))Housing supply shortage: # new jobs per permit issued >1.5 (based on https://www.nar.realtor/research-and-statistics/housing-statistics/housing-shortage-tracker)Rent affordability <.33 (based on https://www.zillow.com/research/housing-supply-32743)Housing affordability <.40 (based on https://www.zillow.com/research/housing-supply-32743/)Based on these criteria I got 3 cities: Raleigh, NCCharleston, SCSan Antonio, TXI would love to know your thoughts on this methodology.

Buying 25% below FMV is tough in a market that has 5 times more demand than supply.

The current owner has worked in the business since 1981, and owned it since 2007.Key features:- $25k minimum investment- 4 year timeline, projected annual IRR 35% and equity multiple 3.12- adjacent to public transport, in a suburb where there is both housing demand and limited supply.- operator has built and filled a similar development nearby- You can find pictures and numbers on some of the buildings they have built and are building here (https://lnkd.in/gfbdvtnf).- You can find a profit calculator spreadsheet here (https://lnkd.in/g-2m_vZA).

Partially because you did not rent it for an entire year but mostly because of upfront expenses: getting it ready for rent, buying furniture, electronics, and other furnishings, stocking up on initial supplies, and so on.