Christopher Heidrich
Stuck in analysis paralysis and in the military
29 January 2025 | 6 replies
@Christopher HeidrichRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
When you own a couple of units, the odds of there being unexpected vacancies that overlap each other are usually low, but when you acquire more and more real estate, the odds of tenants moving out around similar times increases.
Amir Portal
Help whit choosing a neighborhoods for BRRRR strategy
28 January 2025 | 10 replies
@Amir PortalFort Worth (Southside): Affordable entry points with growing rental demand due to development and school proximity.Arlington: A solid mix of price points and strong rental potential, especially near UT Arlington or entertainment districts.Focus on areas with rising population growth, job opportunities, and low vacancy rates.
Peter H Derry
Buyer's Guide: Purchasing Property for Your College Student
23 January 2025 | 0 replies
Condo: Condos may offer maintenance benefits, while homes provide more control.Size and Layout: Ensure the property accommodates your child’s needs and potential roommates.HOA Fees and Rules: If considering a condo, check for restrictions that may impact student living.4.
David Oh
Profit Sharing Bonus for Property Mangement Staff
26 January 2025 | 9 replies
Employees won’t think exactly like owners, but tying bonuses to behaviors and KPIs they can influence is key.Focus on metrics like tenant retention, minimizing vacancy days, and timely maintenance resolution.
Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
Make sure you buy it low enough to make it worth the trouble.
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
Because real estate always goes up and the maintenance fairy takes care of all repairs free of charge.Seems like a recipe for disaster.
Ari Wertheimer
Innovative Net Lease SFR Strategy
8 January 2025 | 0 replies
It was high rent, low entry point area but within 6 months I dealt with an eviction and electrical issues.
Byron Umana
New to Airbnb Hosting? Here’s a Step-by-Step Guide to Get You Started!
20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
Jennifer Fernéz
Help with this deal!
18 January 2025 | 10 replies
However, I like that there isn't a lot of work to do and I could still make the property really cute with not much risk.Inventory is so low.