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5 January 2023 | 16 replies
Only bad experience we've had in six years as an owner operator was with two college students who stayed with us for two weeks and left their cat in the unit while they went out job hunting all day long.
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13 February 2022 | 1 reply
But this mid-term rental market is just right (for me, for now).Good luck on your own hunt for the just right market for you.
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16 May 2023 | 14 replies
Maybe charge the $160 and go hunting for a better backup!
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16 May 2023 | 1 reply
My job consists of daily Self Storage underwriting and market research.I was hoping to be on a Multifamily team on either the brokerage or principal side when job hunting.
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17 October 2020 | 3 replies
I generally dislike general statements, pun intended, so here is an actual example :in Indy in the area I'm active, the first 5 properties are all above 1.2%, with expenses in low 40s. for #6 I knew I would get 1.4 as a hold if the inspection came back as expected so I jumped quickly on the deal based on knowledge gained from the first five. 7-8 were a duplex and was approaching 1.4 also. my criteria are the same so I already knew rents and expenses. this deal came less than a month after #6 but when the numbers work you gotta be willing to pounce.as with most underwriting, the rules of thumb came about for a good reason but should always be a starting point until you master your market or find someone who has and get them on your team. happy hunting!
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20 April 2022 | 11 replies
This would be a play for somebody who is taking appreciation into their consideration mix, rather than just cash flow like myself.In town is hot in general and Ponce City Market seems cool as hell to me, but I am not somebody to be weighing in on appreciation chances and %s.I am leaning more towards Airbnb lease arbitrate myself, but happy hunting to anyone that wishes to go forward with it.Originally posted by @Azeez K.
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25 March 2022 | 8 replies
What we're finding right now is that the market is hot for both and it's easier to find a rent by the room SFH but you can still do a duplex, just be ready to hunt for a bit!
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22 March 2023 | 7 replies
Hey @Brittany Baker, you might keep hunting but I think you will find that is where you are going to be.Condotels are non-warrantable so finding financing at all can be a challenge.
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29 May 2021 | 103 replies
I don't hear you saying there are no deals, just that they're harder to find on-market, and I need to really hunt and vet, off-market probably, or look outside CA.