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18 April 2024 | 14 replies
Do your due diligence but do not get stuck in analysis paralysis.Lastly, these online calculator are a good guesstimate but it is skewed with bad managers not effectively reaching the potential of a property So dig a little deeper into the high performers in the area to figure out what the rate should be and what they offer.
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18 April 2024 | 11 replies
Since MFHs are primarily targeted towards investors, this narrows down the potential pool of buyers.
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18 April 2024 | 33 replies
I think the best bet is to obtain the rental license as well as the commercial activity license that is necessary to apply for the rental.
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17 April 2024 | 2 replies
This could involve budgeting strategies, saving goals, and even potential investments for the future.
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18 April 2024 | 6 replies
If the market is great and has future growth potential expect to pay a premium.
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18 April 2024 | 46 replies
You're correct about the potential misalignment in my listing's target audience and its tone.
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17 April 2024 | 2 replies
I agree with @Erin Spradlin - I think if you can confirm/convince potential tenants that there is plenty of on street parking it is not an issue, but if it is in a busy neighborhood where finding parking could be difficult I think adding the parking area would help a lot.
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16 April 2024 | 12 replies
You will need, or should have, an existing reserve of funds to service this potential rental.
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17 April 2024 | 17 replies
Potentially, but highly unlikely.
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18 April 2024 | 18 replies
You should also consider whether the property has the potential for value appreciation or renovations that could boost your rental earnings.