Recognize there are challenges doing BRRRRs since the rate increases that have occurred in the last couple years

One of the things to watch out with mobile home parks is the increase in lot rent.

@Kegan SchollFrom my experience, if you're a 22-year-old house hacker, Texas and similar markets can be great for room rentals thanks to population growth, strong demand, and tourism.

I am a first-time investor, I'm looking to buy a duplex in a smaller town in Utah, the town's population is around 8.2k.

I have two options 6.625% 30 year or 6.15% 15 yearI want to invest aggressively in the near future on more propertiesThe loan is only $110k and the monthly payment for 15 year is $563 and $750I will earn 2-3k a month in gross rental revenueThe property is in a declining population areaRecently rennovated, and all major things were relatively recently improved such as plumbing, the roof, a/c, electric, etc.Will require a lot of management as it is rent by the room so I may switch to a normal rental after 10 yearsI'm trying to find what will mathematically net me the most money in the long run.

It's an amazing market here with so much incoming growth due to population growth, job growth, and companies moving/developing here!

@Arun MaheshwariFrom my experience of working with over 400 investors, Richmond, Texas, is a promising location for single-family home investments due to its growing population, suburban appeal, and proximity to Houston's strong job market.

Whether you’re buying or building, focus on doing so below market value to secure immediate equity or strong cash flow potential.It's also important to thoroughly research the local market—pay attention to trends like rent potential, job growth, and population increases.

The demand for student housing in this area remains strong, driven by the presence of Texas A&M University and its large student population.

DM us if you'd like more info on the Detroit market - which increased another 20% in 2024!