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8 June 2024 | 1 reply
The industry has dealt with new technology geared at improving workflow and resident tours, a world-wide virus has come and gone, interest rates have drastically changed the environment and there have even been some major legislative changes that have impacted our industry.
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8 June 2024 | 4 replies
Weird statistic.Yes we allow up to 2 dogs at one place, but don't allow pets at our PF cabin due to all the carpet.
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8 June 2024 | 1 reply
I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.
5 June 2024 | 1 reply
I did recently purchase a home to start our family in, however I would like to look for an investment property.
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6 June 2024 | 25 replies
Driving traffic to your direct booking site, if you have one, can definitely be a challenge but I personally believe it's becoming more important all the time, particularly for STR.
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7 June 2024 | 9 replies
We've used HouseScan inspections for many of our deals, incredibly competitive pricing and amazing serviceGood luck,Glen
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6 June 2024 | 1 reply
Purchase price: $92,500 Sale price: $270,000 This West Philly home was located in the Carroll Park neighborhood of 19131 and was a great site at just under 1500 sqft.
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6 June 2024 | 3 replies
I have an agent marketing the property but it does not seem to be listed on many sites.
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8 June 2024 | 6 replies
I work for/with a very investor focused lender and they support many of our luxury STR and second home coastal purchases for my client's in Oregon & California and they just waived the appraisal for a $800K purchase!
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7 June 2024 | 9 replies
G'Day guys,Lately, I've been super duper pissed off with our investors that I decided to keep all of the deals for myself 🤷♂️I've always preached that there is not a single deal that we sell that I wouldn't be willing to keep for myself.So there's that lolJust picked up a 6 unit which us humble Ohio folk would consider an A class area (Sorry East and West Coasts as our A class is your Z Class lol)$160,000 purchase price$50,000 rehabCurrent rents are $3,000 per monthOptimized rents will be $4,000 per month.BPO before purchase $220,000 - $250,000ARV $350,000ARV with interest rates at 6% potentially $400,000+Cashflow = S#%$ load $$$Granted, it took 4 months to get the contract signed and we had to go to McDonalds 4 times to meet with the seller so sign each page individually single time lolYep, it was one of those.All in all, great deal and they are definitely out there.Working on another one now that will be converted into a duplex and is located in a top notch school district.Somehow picked this one up for $20,000 and needs $45,000 in rehab.ARV is $110,000 conservatively Combined rents will be $1,300pm.Ohhh yeah, almost forgot.Also, picked up a SFH from a wholesaler believe it or not for $20,000 that after inspection needs around $15,000 in rehab.ARV all day long is $80,000.Says WHO there aren't any good deals???