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5 July 2024 | 5 replies
There are small local banks that will offer loan products for such properties, you would have to call around and see (small banks with about 5-10 branches often work best in my experience).
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3 July 2024 | 54 replies
Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).
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4 July 2024 | 3 replies
I am offering 1.5m (as it needs about $200k in updates for our tastes).
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5 July 2024 | 5 replies
East Terrell Hills:- Affordability: East Terrell Hills offers more affordable entry points compared to some other areas.- Revitalization: The area is seeing revitalization efforts which can be beneficial for investors looking to capitalize on emerging markets.Data Reference:San Antonio Business Journal: Reports on Alamo Ranch’s growthZillow: Provides home value trends and market insightsUltimately, “if the numbers work” is key, but these areas show strong growth potential and demand.
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3 July 2024 | 4 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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4 July 2024 | 3 replies
Also Facebook groups specific to STRs in your area.Set up keyword alerts to be notified of the topics that interest you: https://www.biggerpockets.com/settings/alerts/new
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4 July 2024 | 5 replies
Also Facebook groups specific to STRs in your area.Set up keyword alerts to be notified of the topics that interest you: https://www.biggerpockets.com/settings/alerts/new
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5 July 2024 | 12 replies
Let's say the below 10 unit is being offered at $800K: Property: 123 Anywhere, USAGOI: $75K ($625/month)NOI: $45KCAP: 5.6You love this opportunity because you understand it's potential - more importantly, how to realize the potential.
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4 July 2024 | 3 replies
Brad - Start a new thread on the topic and post any specific questions you've got.
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3 July 2024 | 3 replies
@David Gilbert What are you specifically looking for?