They did sent the following description, also through Facebook Messenger (direct copy and paste):"Description of the project :Located in the heart of a huge garden, the Pullman Marrakech Palmeraie Resort and Spa spreads its 252 luxurious rooms where French elegance combines with the oriental style.

They are not mansions but solid properties with a history of cash flowing well, in the military town.

But there are a lot of new restaurants and bars, as well as a brand new luxury apartment complex.I am still personally a hugh fan of Pleasant Ridge because of the spill over from Hyde Park and Oakley where the rents are insane.

Hello BP Folks,New to BP community and looking for insight on BRRRR investment strategy in the Strawberry Mansion section of Philadelphia, PA.

If you are a ultra conservative very low risk tolerant investor you could pay down a income property mortgage but that is obviously going to reduce your return on your investment to a ceiling of the prevailing mortgage rates.

We renovate to "luxury workforce", add the nicer amenities and get a premium tenant as well.

The high-priced rentals will drop when the market turns and people can no longer afford the luxurious.

Is it luxury and amazing to be in a multifamily that's probably not the nicest and have your tenants next door?

I live in Bayonne and have seen progress towards positive change since moving here (luxury apartment complexes, ferry, Costco, Military Ocean Terminal redevelopment, bike share, park improvements).

Go luxury sooner, so your commissions are higher than the sub-$300k stuff that a lot of Realtors are more comfortable doing and if you land a big listing, you could always partner with another more successful luxury Realtor who would be happy to co-list and cover the cost of the luxury marketing if you're bringing the listing to the table...Hope this helps!