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11 March 2020 | 2 replies
I know those for decent buildings at in-demand locations are unicorns.
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3 March 2020 | 6 replies
Top 5 Metros Attracting Renters From ElsewhereDenver: 48%Baltimore: 47%San Diego: 44%Tampa: 44%San Francisco: 44%And, the Not So Good Top 5 Metros: Where Renters Are Looking To LeaveOrlando: 50%Riverside, CA: 50%Detroit: 47%Chicago: 43%Charlotte, NC: 41%Source: Apartment ListSee more at: https://www.american-apartment-owners-association.org/property-management/latest-news/here-are-top-cities-where-renters-are-seeking-move/A little commentary...chasing demand isn't a recommended investment strategy.
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1 March 2020 | 2 replies
Hi all, As a new investor, I was curious to know how you all assess how strong is the demand from tenants for rental in a given area.
2 March 2020 | 5 replies
If the compition demands a higher refurbishment (counter tops, and cabinets) then do that, but just a refresh on this unit (from the pics) looks like paint and LVP might be enough.I'd leave the cabinets and counter tops brown (unless competition dictates redoing them).Also a daylight bulb in the kitchen of the highest wattage the fixture will hold might make the area look better when you show it.The less income the resident has, the more bulb wattage they seem to like in the kitchen (they cook at home more).Good Luck!
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2 March 2020 | 3 replies
If there's a demand and living in mobile homes is accepted in the community, it's definitely an option.
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2 March 2020 | 7 replies
Take a little more from “business income” and use the passive income to supplement...
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3 March 2020 | 11 replies
Evansville IN Hello Donald, Cleveland is one of the best rental markets and the most popular for investors because of high rental demand and low cost of entry, property prices are pretty inexpensive here.
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2 March 2020 | 4 replies
If there's strong demand for rentals, it may be worth considering a few quadplexes or larger apartment building.
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2 March 2020 | 1 reply
It depends on the size of the storage unit, your market, and the demand for storage space.
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3 March 2020 | 12 replies
By forcing the prices to stay low, more people can afford to live there, which drives up the demand, which drives up the prices...