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16 March 2024 | 9 replies
They include Comfort Inn, Country Inn, Extended Stay Suites, 2x Holiday Inns and Candlewood.Here's the total view of employers based on my research so far:- Hospitals and Healthcare Facilities: Some search results mention the high demand for traveling nurse housing in Cookeville, indicating that local hospitals and healthcare providers are a major source of furnished rental needs.- Manufacturing Companies: The City-Data forum post lists several major manufacturing employers in Cookeville, such as Fleetguard, Ficosa, and Tenneco.
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16 March 2024 | 3 replies
Quote from @Kevin Reinhardt: Best practice: screen and approve every adult, whether they work or not, and have them all sign the lease.I highly recommend you purchase "Every Landlord's Legal Guide" by NOLO or "Managing Rental Properties" by Brandon Turner.
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17 March 2024 | 29 replies
Looked at dozens of SFHs online and ran the numbers, ARV not high enough, renovation costs going over, and making offers based on video tours, sight unseen has been challenging.
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16 March 2024 | 2 replies
If it's taking longer than that, consider whether your price is too high or your marketing needs improvement.Take 10-20 minutes every day to study the market on Zillow, Zumper, Apartments.com, REALTOR.com, etc.
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16 March 2024 | 4 replies
With this being such a high-dollar investment property, we locked in a 30-year fixed rate with a PITI of $2,600.
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16 March 2024 | 4 replies
I also ask for referrals, I do not just choose the first one I see that has a handful of five star reviews.Tenants: As long as your screening criteria is where you want it to be (my preference is rather high), your lease agreements are rather air tight, and you keep an open line of straight forward and honest communication you should not have too many issues with your tenants.
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16 March 2024 | 22 replies
Just so ya know....Even the high traffic Lifeproof LVP with thr 22m ware layer that is pet proof and waterproof?
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16 March 2024 | 3 replies
Put damage deposits and rental reserves in a high yield savings account or CDs.
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16 March 2024 | 8 replies
While a lot of investors are trying really hard to capitalize off of our influx of high income earning new residence and the fact that we are home to the most million and centimillionaires ($100M+) the market doesn’t call for all properties to be fully renovated.
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16 March 2024 | 5 replies
This strategy is great, but it fluctuates depending on the time of year, you probably won't live for free because it is more challenging since you are only Airbnbing a small space or basement unit.4) MTR - this is a good in between style of creative strategies since you can furnish a place nicely that would rent out on Airbnb but you want a long-term high quality tenant like a travel nurse or corporate rental that stay for 2-3 months vs. under 30 days for most Airbnbs.Combining strategies is the best way to go, ideally, you would find a property with a separate entrance or walkout basement, live upstairs in the one of the bedrooms, rent out the other upstairs rooms and STR/MTR/LTR the bottom unit.