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21 May 2024 | 10 replies
The high visibility of listings on these platforms often leads to intense competition, making it challenging to secure deals that align with your investment criteria.I highly recommend identifying a target market and cultivating relationships with local wholesalers operating in that area.
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20 May 2024 | 2 replies
You seem pumped up to do this, but do it first at a local meetup (in terms of connecting with people) or else you are just going to get a bunch of people trying to sell you services or on how good they are.
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21 May 2024 | 3 replies
Local credit unions usually have credit cards with 10-15% interest too if you need.
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20 May 2024 | 27 replies
I've got a great relationship with the owners of a local pizza chain.
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22 May 2024 | 27 replies
Also, are you local to either market?
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20 May 2024 | 4 replies
Hi John, local to you here in Florida.
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20 May 2024 | 20 replies
Quote from @Somesh Mukherjee: Quote from @Matthew Irish-Jones: Quote from @Somesh Mukherjee: Hello all, I am from Toronto, Ontario and own a few properties locally.
20 May 2024 | 2 replies
We are both remote workers and hoping to get a better understanding of some local markets such as Pueblo, Co and potentially surrounding areas preferably more west.
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20 May 2024 | 13 replies
This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.
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20 May 2024 | 7 replies
I would like to get some local networking going here in Sioux Falls, SD.