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21 January 2025 | 5 replies
I do have monthly mortgages to be paid and not having rental income to offset my negative cash flow has been a learning experience and really trying to think of what options I have to have better success at this.
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24 January 2025 | 12 replies
I feel like my "circle of people" really needs an expansion and improvement and I want someone with more experience in the field I want to be in to really help me gain myself to success!
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24 January 2025 | 0 replies
I'd love to hear your feedback and experience if you have any.
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20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
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27 January 2025 | 6 replies
@Colby Burns Agreed regarding the PM side with them (A member of my spouses family had a horrible experience with them) Regarding the construction side, I cannot speak to.
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16 January 2025 | 2 replies
As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market.
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4 February 2025 | 11 replies
From my experience working with over 400 investors, starting early gives you a huge advantage in building long-term wealth.
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11 February 2025 | 69 replies
And there are some investors who go for those lesser quality areas, because they have experience in those types of properties and know they can buy there inexpensively.
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29 January 2025 | 6 replies
I focus solely on Detroit proper because, in my experience, the rent-to-price ratios, opportunities for value-add projects, and overall market potential are much stronger there.That said, Detroit is a nuanced market.
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29 January 2025 | 11 replies
I'm curious to hear from those who have invested in airport-adjacent properties for the long term — how has your experience been?