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24 May 2024 | 42 replies
Nothing is passive and even US treasury bonds which are considered the safest investment require one to monitor the economic climate.
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22 May 2024 | 15 replies
Finding the deals requires some savvy marketing, and sourcing methods.
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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 | 12 replies
It seems most banks now are requiring a PG (which means using your EIN and SSN) for most lines).
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20 May 2024 | 13 replies
Industry events, conferences, and online forums like SponsorNetwork can be a fantastic way for you to connect with experienced sponsors and investors.And don't be discouraged by a lack of prior deals.
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22 May 2024 | 48 replies
Guides on how to deal with some of the nuanced regulatory/filing requirements specific to Detroit are provided.
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21 May 2024 | 34 replies
I suppose you could buy and sit on land, and that's relatively passive, but beyond that virtually anything else is going to require some level of financial inputs (maintenance, capex, value add) and time inputs (DIY, managing the manager, etc) in order to realize the best returns.
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21 May 2024 | 41 replies
I assume keeping the front door closed and locked at all times is common sense and doesn’t require to be spelled out.
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20 May 2024 | 6 replies
Probably cash flow or break even often requires 30-40% down.
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19 May 2024 | 6 replies
The buyer's lender requires this so we are at a standstill and I am worried about losing the buyer and having a hard time after if this is not fixed.