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27 January 2025 | 1 reply
highlight_post=5222888&page=1#p5222888https://www.biggerpockets.com/forums/311/topics/915728-experience-with-rent-to-retirement-turnkey?
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7 February 2025 | 14 replies
these can produce good returns but best chance for success is for those that have experience in this area (I am a partner on an effort adding 8 ADUs, but it is not performing to the initial underwriting (underperforming) and it is an experienced team).good luck I get it, but not everyone has the opportunity of scale and building multiple units.
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3 February 2025 | 2 replies
Their cost structures are significantly different from what new investors face today.Maybe I haven't yet reached the section that addresses different market conditions and interest rate environments, but I’d love to hear insights from those with more experience.
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31 January 2025 | 121 replies
I've heard people have had a great experience working with them!
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27 January 2025 | 29 replies
In my experience, there are a range of starting-off experiences, but one's experience is not always indicative of someone's desire/drive/commitment to pursue and thrive in real estate.
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12 February 2025 | 4 replies
I manage around 400 rentals with 14 years of experience and have never been sued once.
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26 January 2025 | 5 replies
That's probably what I'd do first unless you just have no experience doing these deals at all.
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14 February 2025 | 9 replies
Definitely continue seeking advice from experience realtors and understand your rental market, and make sure you understand the risks involved.
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23 February 2025 | 13 replies
STRs demand more time even though alot of things can be automated. you will managing cleaners, damage, guest experience, supplies, and more.4) Use AirDNA to see what an estimate of revenue can be, check Airbnb in your local neighborhood to see if anyone else if getting higher rates, and use BiggerPockets STR calculator to see what common expenses you may be forgetting.
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28 January 2025 | 9 replies
I would anticipate it would depend on the level of detail you desired but it has been my experience that the will do free estimates.