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14 December 2024 | 4 replies
Anything smaller may not attract larger investors or offer the economies of scale needed for profitability.Design Style: BTR developments often consist of attached townhomes, usually with features like garages and a more upscale design to appeal to renters looking for something between an apartment and a single-family home.Location Factors: The success of your development depends heavily on location.
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23 December 2024 | 14 replies
@Michael NguyenA lot of it depends on your market and what is more available and attractive.
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20 December 2024 | 12 replies
It is designed as a credit builder as they only report "paid on time" payments.
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20 December 2024 | 10 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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19 December 2024 | 6 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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23 December 2024 | 17 replies
For that time frame it would not make sense to turn it into a STR as there won't be enough time to establish a history to attract good vacationers.
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18 December 2024 | 6 replies
Your background as a licensed architect with experience in commercial and residential projects is an incredible asset, especially here where so many members are navigating construction, renovations, and design challenges.Out of curiosity, have you worked on any projects that were particularly challenging or rewarding?
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19 December 2024 | 13 replies
In some very attractive markets like coastal cities I can see it being worth it not to rent the unit or rent it only under very limited circumstances in the low season because the high season is just too lucrative to allow anything to affect those bookings.
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18 December 2024 | 3 replies
Attractive digital marketing fliers, 3d tours, professional tours, rent specials, and competitive pricing all help too!
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30 December 2024 | 24 replies
Sometimes you have to challenge the SOW and determine if everything really needs to be done in order to attract qualified tenants.