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Results (10,000+)
Jonathan Molas Renting to Assisted living company
12 March 2024 | 2 replies
Pros:Stable Income: These facilities often sign longer leases, providing landlords with a more stable and predictable income compared to traditional residential rentals.Higher Rent Potential: Because these facilities generate income through the services they provide, landlords might negotiate higher rent than standard residential properties, reflecting the commercial nature of the tenant's business.Lower Tenant Turnover: Residential assisted living facilities tend to have lower turnover rates, reducing the frequency of vacancies and the costs associated with finding new tenants.Social Contribution: By renting to such facilities, landlords contribute to addressing the growing demand for assisted living and support services, positively impacting their community.Property Maintenance: Tenants in this sector often maintain the property well to comply with regulations and ensure a comfortable living environment for their clients, potentially reducing wear and tear.Cons:Regulatory and Compliance Issues: Facilities must adhere to strict regulatory and compliance standards, which can involve the landlord in complex legal and zoning issues.Higher Insurance Costs: The nature of the business might require additional insurance coverage, potentially increasing costs for landlords if they are responsible for carrying this insurance.Modifications and Upgrades: Meeting the specific needs of an assisted living facility may require significant property modifications and upgrades, which can be costly.Market Limitations: Should the lease end or the facility close, the specialized modifications made to the property might limit the market for future tenants, potentially requiring substantial investment to revert the property to standard residential use.Operational Oversight: Landlords might need to monitor the facility's operations more closely to ensure compliance with lease terms and local regulations, requiring more hands-on involvement than traditional rentals.I know tons of investors who are renting out their properties using this strategy here in Fort Worth. 
Jack B. Do you plan on eventually cashing out and moving away from real estate?
11 March 2024 | 152 replies
I will be retiring from my w2 job in a few years and plan on using the SFH rentals as a way to stay busy without being too busy.
Darnell P. Chicago Landlords, Fellowship with other that get what we do.
12 March 2024 | 7 replies
Just an opportunity to fellowship with other experienced landlords that understand our business
Angelica Valde Louisiana - Purchased property with half owned by deceased man
12 March 2024 | 5 replies
My plan is to rehab this residential home I recently purchased, cash out refi- then use the profit from that home to finish up the church property that I  acquired and run a business out of that property.
Joseph Fenner Looking to invest in my first property ,What states/markets have good cash flow
12 March 2024 | 19 replies
The market is booming in both the business and real estate sectors.
Kevin O'Doherty Interest in real estate investing, any advice?
12 March 2024 | 4 replies
If you are wanting to learn more about business and how to get things generally setup look at traction by gino wickman, vivid vision by cameron harold, and story brand by donald miller. 
Dionysios K. New Member Introductions
12 March 2024 | 5 replies
.- Condos are typically closer to very busy areas like city centers (while single family and multi-family are further away / in suburbs) which, in the case of a buy-hold-rent strategy, means that the investor will have more traffic / demand.- Smaller properties are usually easier to off-load (more liquid) because our society is seeing very high levels of migration (people travelling or moving for work constantly) / people less inclined to partner / have families / people more focused on work / and pied-a-terre concept.- Condos are much easier to maintain internally than larger homes.- Condos are easier to manage as Air B&B than larger homes.- In the case of multi-family properties, sharing a home with two or three other families where everyone knows everyone can create issues if they don't get along as the close proximity doesn't allow for any privacy.Happy to connect with you and speak in more detail if you are interested in Massachusetts!
Meghan Combs Is there a Property Manager matching platform?
12 March 2024 | 4 replies
This is what I did in my business.
Pablo Flores Anyone use STR Law Guys?
12 March 2024 | 17 replies
I actually live outside of Coachella Valley; I just run my business there.
Gina Wilson Alpine Capital Solutions for Property Purchase and Management?
11 March 2024 | 5 replies
Has anyone done business with an Infinity Investing real estate partner called Alpine Capital Solutions?