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9 January 2025 | 4 replies
The City of Portland, and Multnomah County are more restrictive than most of the state for instance.
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7 January 2025 | 27 replies
Its never going to work if you want to buy in the low income areas of a city and hire management from outside.
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5 January 2025 | 10 replies
Like @Collin Hays said, it is being driven more by neighbors tired of poor STR owners not keeping things sorted.We only look for places in vacation areas with a long history of owner driven STRs vs big cities and the like.
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12 January 2025 | 11 replies
Doesn't cause trouble for you/neighbors/city/police.That's pretty much the sum of it.
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13 January 2025 | 12 replies
I can’t imagine what kind of things the city ask for turning silo into a house haha
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12 January 2025 | 20 replies
Once you know how the land is allowed to be used by City or County zoning, start working to a "highest and best use" mindset where you find out how the deal can be quickly turned into money by the end user.
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10 February 2025 | 62 replies
Then post something in the group saying "I am an investor looking to buy properties in (insert specific cities)."
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31 January 2025 | 44 replies
A more viable approach could be a straight 75% cash-out refinance—but only if you’ve invested in a city with strong, sustained population growth.
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6 January 2025 | 8 replies
I have referred a loan out of state based on NOI, cap rate at purchase, room for increase income and purchase price vs market value.Maybe I didn’t articulate the intent of the post as clearly as I hopedFor anyone who has bought multi family out of state, “what are gives you the warm and fuzzies about a deal”:Obviously not cap rate, but maybe vacancy rate, Cash on Cash ,GRM, IRR, Unlevered free cash flow, Cities over 250k?
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4 January 2025 | 5 replies
Having lived in IN for 8 years before moving to Austin TX, I believe this city offers great opportunity now and much potential.