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12 January 2025 | 3 replies
McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.
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19 January 2025 | 18 replies
She wanted us to pull the car out of service until the "service" lizard could be located...I swear I am not making this up and have not been drinking...
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16 February 2025 | 44 replies
I am not familiar with the rules for that location; Philadelphia and Pittsburgh get some special rules in PA.
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11 January 2025 | 6 replies
It all depends on your location and service.
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22 January 2025 | 22 replies
It's also one of the farthest locations from the parks.
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9 January 2025 | 0 replies
Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.
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26 January 2025 | 48 replies
Biggest struggle is finding deals that make sense where the numbers work and in locations that would work for STR.
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10 January 2025 | 22 replies
That was just one of my properties and I now have multiple in different vacation locations.
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16 January 2025 | 10 replies
Was it for a place to live for work before they found a permanent location or was it used for someone wanting to stay in the area as a 2nd home for the winter months?
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19 January 2025 | 56 replies
(And - full disclosure - I will be using a mail forwarding address also and only occasionally actually hosting meetings at that location... it's like a 'WeWork' space, I generally work from home and my managers are on-site at the parks...)To everyone's continued success, and due diligence,-jl-