Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
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. 
Account Closed Holton-Wise Group Reviews?
14 March 2024 | 60 replies
Many of them live in such completely different environments and how they keep their household etc.. and simply cant comprehend the D <C and B class renter. 
Andy Oshodi House Hacking in state or Section 8 out of state?
12 March 2024 | 7 replies
It really depends on how much capital you're working with.Chances are, unless you're going out of state and doing some work to force equity, you aren't cash flowing with 20-25% down.That's just not the environment we're in.If you have the capital to buy cash, do some renovation, and then do a cash out refinance, there are options out there. 
Josh Ricord First House Hack Post Graduation- FHA 203K House Hack
11 March 2024 | 2 replies
With tons of ex teammates and international students looking for housing in our small town environment, there is a untapped avenue to succeed.
Josh Ricord First Post College Investment- FHA 203K House Hack
11 March 2024 | 0 replies
With tons of ex teammates and international students looking for housing in our small town environment, there is a untapped avenue to succeed.
Samuel Santos Borges Wholesaling in Florida: Tampa, Jacksonville, Orlando, Miami - Where to Start?
10 March 2024 | 6 replies
Which city do you think offers the best environment for a wholesaling newbie?
Maryam Mostafa If you have 100k of cash in the bank, how would YOU utilize it??
11 March 2024 | 13 replies
If you want cash flow in today's environment you're going to need to do some value add.
Manuel Angeles USA National Retail Market Report as of March 10, 2024
10 March 2024 | 0 replies
However, signs suggest that sales activity may be nearing its lowest point in the current cycle, as the first two months of the year were only 13% below the levels from the same period in 2023.The capital markets environment today revolves around two main strategies.
Manuel Angeles USA National Industrial Market Report as of March 10, 2024
10 March 2024 | 0 replies
During that period, the number of closings fell for seven consecutive quarters before rebounding 74% over the ensuing two years.Additionally, the $24 billion in maturing CMBS loans this year could stimulate sales activity as the interest rate environment will likely be much different from their rates at origination.
Robert-Lee Pass Seeking Advice: Local Metro or Nearby Rural Real Estate Investment?
11 March 2024 | 19 replies
Here are some key factors that I'm considering:Potential for Appreciation:Local Metro: The urban environment often sees faster appreciation rates due to high demand and constant development.Nearby Rural: While rural areas might not experience rapid appreciation, they can offer steady growth and potentially lower entry points.