It could take many years, don't be like the "investors" I know who have been sitting on the sidelines since 2016 waiting for a market crash that never came. 

In general, we have found that PMs in cleveland are very expensive when compared to other markets we are in.

This cost me an additional $70/bathroom and my bathrooms will look far better than other units in my market.  

Hi AllDoes anyone have experience with Coleman Revenue and Research in the STR marketing/pricing world? 

I'm a realtor in the Indianapolis market and work with new investors who look for duplexes and single-family homes with ADUs.

We set up our infrastructure and are very organize and thorough, and through the year we made some significant progress and went on a learning phase to get better each day and closer to our first deal.As foreign investors we have to rely on hard money which gives a less edge, and face uncertainty with contractors not knowing real pricing and such.We are constantly on the look out for new investment opportunities.The problems we are facing right now is not knowing good contractors and the high competition on the MLS.We just started learning more about off market properties and sending direct mail.We would like to hear from your experience what should our next step be as newbie investors, and if there are some foreign investors here with tips.Thank you so much guys, best of luck to all! 

Happy to answer any questions on the Jersey City market.  70% of my clients are moving from NYC and it is a great place to invest in.

They have to source off market product to make money and that requires time and expense.....but ultimately is worth it, depending on how many deals they hope to do annually.

I don't particularly want to sell my share of this property as it has appreciated quite a bit since we've initially invested and I'm hoping I can eventually get him moved out to turn it into a full-time rental property.

As of late July ‘24, 71 new 2-family listings have hit the market.