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21 May 2024 | 0 replies
We are building apartments for short and long term rentals and for condos for resell in Dominican Republic.
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20 May 2024 | 8 replies
I'm very intrigued by a property that is in a great neighborhood and will appreciate very strongly, but using any sort of financing on it the cash flow return is deep in the negatives for a couple years even though the ask price looks like a good deal compared to other houses around.
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21 May 2024 | 33 replies
Just build it into the job and don't make a big deal out of it.
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20 May 2024 | 5 replies
Carry out extensive market research to identify neighborhoods and property types that suit your financial goals.
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17 May 2024 | 12 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.
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21 May 2024 | 6 replies
If you don't have the cash or equity for that, you could possibly do a cash out refi on the property now, using the proceeds to do the build.
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19 May 2024 | 5 replies
Are there any B and C class safe neighborhoods to recommend?
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21 May 2024 | 4 replies
We had someone build a divider wall and then we locked one of the doors.
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21 May 2024 | 9 replies
I am building a 12 unit glamping resort and want to setup a direct booking website.
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21 May 2024 | 8 replies
More driven than ever I am eager to build connections and add value to all the members here and in my community.