Christopher Stevens
REI Nation Property #4 - 7320 Marrs, TX - Thanks REI Nation!
15 October 2024 | 9 replies
Funny, IIRC, I believe seeing this exact property as I've been browsing their site for quite some time now.
Account Closed
11 Ways to Find Off-Market Properties For Sale
10 October 2024 | 0 replies
Create a daily routine of browsing these platforms for new listings and be ready to act quickly when a good deal pops up.
Hawke Morgan
Neophyte Rental Investor
9 October 2024 | 13 replies
I have been browsing all the tools here, and just trying to become familiar with the site and the treasure trove of knowledge and tools that are available here.
Varghese George
durant, OK - anyone?
6 October 2024 | 5 replies
Heard through a friend as potential for cash flow even with current rates and growth potential due to proximity to TX north border, casinos etc.
Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
I know fix and flippers who paid $40K to Kiyosaki and other gurus teaching RE basics (and they are being vogue about it, selling 80% fluff and may be 20% of somewhat useful information that one could gather for free just by browsing the internet).
Meghan Begue
Is Colorado's Multifamily Market Still a Good Bet for New Investors?
6 October 2024 | 12 replies
However, there are some challenges to keep in mind:Regulatory Variations: Regulations can vary widely between locations and are constantly evolving.Active Management: STRs require more hands-on management for guest turnover and communication.Additional Costs: Don’t forget about expenses for furnishings, cleaning, and possibly hiring a property manager.If you’re looking for STR-friendly areas, consider these locations, as others can be too expensive to consider, such as Snowmass Village or Aspen:Breckenridge: The most visited ski resort in North America, attracting around 3 million tourists each year.Steamboat Springs: A popular year-round destination for winter sports and summer activities.Keystone: Great for those wanting a less crowded resort experience.Divide & Florissant: Charming mountain towns close to Colorado Springs.Fairplay: Just 30 minutes south of Breckenridge, with an impressive 82% Airbnb occupancy rate.Cripple Creek: A former mining town now known for casinos and outdoor activities.Park County: Very Airbnb-friendly, though regulations may change.Here are some strategies to help you succeed in the STR market:Hybrid Model: Consider using some units for STRs and others for long-term rentals to balance income.Research Local Regulations: Always check the current rules in your target areas before investing.Year-Round Appeal: Focus on locations that attract visitors in all seasons.Quality Furnishings: Invest in quality to justify higher nightly rates and attract better guests.Dynamic Pricing: Use pricing strategies to maximize revenue during peak seasons while maintaining occupancy in the off-season.Stay Flexible: Be ready to adapt your strategy as the market and regulations change.While Colorado’s STR market offers exciting opportunities, it’s essential to approach it strategically.
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
Its a magnet for grifters and fools, and the "investing" equivilent of going to that crummy casino in National Lampoons Vegas Vacation (?)
Dave Hart
BP referral for Tax services - beware
5 October 2024 | 17 replies
Let me know if I need to move it or send to your "Build your team" team.Dave It's well known by now that the Bigger Pockets referral scheme is lackluster at best; garbage at worst.You should just go to some local REI groups or browse Yelp for CPA reviews.
Sanil Subhash Chandra Bose
How to do out of state multifamily investment?
3 October 2024 | 9 replies
Start by networking with other investors on BiggerPockets who are active in those areas, and make a habit of browsing Zillow and other platforms daily.
Wei Jie Yang
How to dip your toes into Commercial properties?
30 September 2024 | 7 replies
Is it just browsing thru loopnet?