13 March 2024 | 15 replies
What supporting pics/video have they supplied to you?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2274056/small_1694785353-avatar-jonathanm720.jpg?twic=v1/output=image&v=2)
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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2189188/small_1710217145-avatar-stevenh409.jpg?twic=v1/output=image&v=2)
13 March 2024 | 11 replies
It appraised for 725k at the time of purchase and has been holding steady since.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2193085/small_1697000594-avatar-seanl260.jpg?twic=v1/output=image&v=2)
11 March 2024 | 6 replies
So all you want to do is buy and hold for the long-term.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2551950/small_1694646589-avatar-marior175.jpg?twic=v1/output=image&v=2)
13 March 2024 | 4 replies
If there are any red flags on your mom's house, you may want to hold off on the cancellation of her current coverage until the new policy is issued and the company has done their inspection.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2810938/small_1694605164-avatar-asimp2.jpg?twic=v1/output=image&v=2)
12 March 2024 | 3 replies
The truth is that likely you should NOT install a rooftop deck if the calculations weren't done to support that type of load.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/156984/small_1696154254-avatar-speever.jpg?twic=v1/output=image&v=2)
11 March 2024 | 12 replies
Hello everyone - I own a single family home in BC Canada which is currently my principle residence, and I also own a duplex that is a rental property in Ontario Canada. I would really like to continue to invest, alth...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2970424/small_1710188751-avatar-jayl230.jpg?twic=v1/output=image&v=2)
13 March 2024 | 4 replies
I was wondering if you have any recommendations with help for transferring title and setting up a Wyoming llc as a holding company?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/408989/small_1621449717-avatar-rick_turman.jpg?twic=v1/output=image&v=2)
12 March 2024 | 12 replies
I’m leaving this here in case someone wants to adapt my version of the spreadsheet (supports multiple properties, one per row), as well as an automated, programmatic way of populating the spreadsheet given a paragonrels.com link from an agent/broker.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1975932/small_1694551681-avatar-peterw169.jpg?twic=v1/output=image&v=2)
13 March 2024 | 3 replies
Without knowing all details, and just the one's you provided what more are you holding out hope for?