TJ Woolum
Masterminds - Scale Up!
10 October 2024 | 15 replies
I'm starting to lean towards buying B or better properties, which don't cash flow as well in the beginning, but will have better long term appreciation and attract better tenants.
Devin Wilson
How Do I Start?
9 October 2024 | 1 reply
Here are a few tips to help you score that first deal:Network: Join local real estate groups and online forums like BiggerPockets to connect with other investors.Find Motivated Sellers: Look for distressed properties and consider sending direct mail to homeowners facing tough situations.Research the Market: Know your area’s property values by analyzing comparable sales using sites like Zillow or Redfin.Craft Compelling Offers: Highlight the benefits of a quick sale to sellers and consider a solid earnest money deposit to show you’re serious.Market Yourself: Use social media to share your journey and post flyers in local spots to attract leads.Stay Persistent: Rejection is part of the process, so learn from it and keep refining your approach.With your big business mindset and hard work, you’ll make it happen!
Kristi Miller
Has anyone started a STR cleaning company (or PM company)?
8 October 2024 | 14 replies
Most "companies" are just a lady with a Facebook page who pays people on venmo to clean part time.
Frank Barletta
Houston: Gross Weather, Lovely Investing
9 October 2024 | 9 replies
This can lower utility costs for tenants and increase the property’s attractiveness.
Joseph Scorese
Exploring Economic Trends in your Immediate Real Estate Market Strategy
8 October 2024 | 0 replies
Local Economic GrowthJob Market Health: Areas with strong job growth, particularly in tech, healthcare, or other high-demand sectors, attract both short and mid-term renters.
Nicholas Fogal
Sell or Rent
10 October 2024 | 2 replies
There’s been a net outflow from Stockton to Sacramento, making it a more attractive destination for many looking to stay in Northern California but still find value.
Bruce Tieu
What makes a good mid term rental market?
11 October 2024 | 7 replies
Denver is a great market for MTR because it's big, attracts all kinds of travelers and the MTR price points are favorable for hosts as well as travelers.
Johnny McKeon
WOULD YOU buy your interest rate DOWN to 6.375% for $22k? With a 34 month breakeven
12 October 2024 | 16 replies
Plus, with the seller covering a large portion of the buy-down cost, it reduces your immediate expense, making this a very attractive option.If you're uncertain about how long you’ll hold the property or foresee needing to refinance soon, keeping the 7.75% rate might make more sense, as you'll avoid the upfront cost entirely.Would love to know more about your timeline and goals for this property to give more tailored advice!
L Craig
Flipping to Fractionals at the beach?
11 October 2024 | 15 replies
Lastly, the real attraction here is the 10-12 week summer season; usage the rest of the year would just be gravy to some.
Scott Glozzy
Listing my STR in the offseason as a Mid-Term rental
11 October 2024 | 11 replies
For Airbnb, make sure your pricing is correct to attract MTR bookings during the off season.