Aziza Patterson
Best real estate purchasing states 2023
13 February 2023 | 14 replies
The emerald coast (Navarre Beach to Panama City Beach) 1Beautiful Beaches: The Emerald Coast is known for its stunning white sand beaches and crystal-clear waters, making it a popular vacation destination.2Growing Tourism Industry: The area is experiencing steady growth in tourism, which means a steady demand for rental properties, making it an attractive market for real estate investment.3Outdoor Activities: There are plenty of outdoor activities to enjoy, such as boating, fishing, golfing, and hiking, which attract both tourists and residents.4Excellent Weather: With mild winters and warm summers, the Emerald Coast enjoys excellent year-round weather, making it an ideal place to own a vacation or investment property.5High Quality of Life: The Emerald Coast has a high standard of living, with excellent schools, healthcare facilities, and a low crime rate.7Diverse Real Estate Options: The Emerald Coast has a variety of real estate options, including beachfront condos, townhouses, single-family homes, and investment properties, to suit different budgets and preferences.8Favorable Market Conditions: The real estate market on the Emerald Coast has been experiencing steady growth in recent years, with strong demand and increasing property values.9Proximity to Destin-Fort Walton Beach Airport: The Emerald Coast is easily accessible, with the Destin-Fort Walton Beach Airport located nearby, offering convenient access to major cities.10Active and Engaging Community: The Emerald Coast has an active and engaging community, with plenty of events, festivals, and activities that bring people together, making it an excellent place to live and invest.
Bradley Jernigan
A 50 unit Multi-family deal analysis
9 August 2023 | 4 replies
I get that: don't buy on forecasted rents that may never come to fruition.
Joseph Hernandez
Request for extension of foreclosure auction date
10 July 2023 | 10 replies
He also got an extension due to recent weather events here in California and another due to COVID hardships.
Ben Scarborough
Preparing STR Properties for Hurricane Season
2 September 2023 | 8 replies
If a tropical storm is approaching and you have guests staying at your property, here are some items to consider providing:- Water bottles- A battery pack so guests can charge phones- Battery powered lanterns- Battery powered fans- A radio for weather updates- Flashlights - Spare batteriesA safe space I would suggest storing these items before a storm arises would be in your owners closet with coded access for guests.Although not necessarily terrifying in every case, smaller storms still have the capability to cause power outages and severe flooding which could end up preventing your guests from being able to leave.If a hurricane is approaching, be proactive with any upcoming reservations.
Jesus Morales
Have the primary markets you invest in changed over time?
24 August 2023 | 10 replies
They’re obviously not moving for the weather or the best jobs in the country.
Carole D.
Newbie in San Francisco, investing in Pinellas County, FL
21 July 2015 | 14 replies
I was in San Fran over the weekend, I forget how amazing the weather can be when I'm in FL humid summers for so long.
Keith Ellis
Multi family vs single family
3 February 2022 | 6 replies
If so, you might consider looking into the macro-economic forecasts in both cities, look for year over year trends in vacancy rates and rent rates, and familiarize yourself with any new or looming laws/ordinances that might impact your ability to profit month over month.Choosing to invest in multi-family vs. single family is also about person preferences.
Amos Raymond
BRRRR or BRR & RR until a better interest rate comes around?
2 September 2023 | 3 replies
Our forecasted rental income of ~$2145/m and cash flow of ~$200/m was based on interest rates as high as 8%.
Jerry Going
50% Rule?
3 March 2016 | 23 replies
In a market with extreme weather you will find that your capex number needs to be a little higher so you can save that cash for a new HVAC, roof, etc.
Austin Works
Flipping during Winter?
12 November 2019 | 24 replies
@Austin Works Yes, weather plays a pivotal role in the sales process, most especially in parts of the country with relatively brutal winters.