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20 July 2022 | 2 replies
Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
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24 March 2023 | 6 replies
Riverwest get's mentioned a lot, but frankly it's been called up and coming 30 years ago and it's still not quite there..Investing in a neighborhood in the hopes that it will turn has a speculative element to it: it could work out, but it also could fail.
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8 August 2021 | 63 replies
I think the brand is called Elements, it's similar to HD Lifeproof just a little cheaper, has the underlayment attached already and pretty thick material.
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18 September 2023 | 7 replies
But it will be protected from the elements which may be helpful in maintenance.
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9 October 2023 | 3 replies
Hello,I am aware of all the different sites online that rank states upon their landlord-friendliness.
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3 December 2022 | 58 replies
Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
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1 February 2023 | 10 replies
Cost of Living (CoL) ranks 31/50 in NC which is extremely agreeable and puts it in the top 19% most expensive cities to live in the world.
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28 September 2023 | 3 replies
Hi Mark, I put together a monthly metro rankings report (100+ markets) based on population, jobs, affordability, and yield.
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28 September 2023 | 11 replies
It is important to understand that every element of the property has an "expected" life, and this varies by the type of element.
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29 September 2023 | 18 replies
It is optimizing your website to rank #1.