I once had a main water line leak for more than 6 weeks (a pretty high bill like $100 instead of $30, and then a massive $400 bill) I showed a receipt for $3,000 (the leak was under the slab) and they waived the $400.

I’ve owned my house for a little less than 2 years but due to large home improvements and the massive growth in the market over the past couple years I’m looking at about 80k in equity.

. - New construction adds massive value to the property, meaning higher margins than an already built/renovated property- New construction rentals attract higher quality, responsible long-term tenants (if not airbnb)- New construction rentals require 0 to little maintenance - 5+ units is classified as commercial - the codes are strict & make it expensive, 4 is the sweet spot- Airbnb in the correct areas can 2x-3x the income of a rental property- Your capital can be re-invested once construction is complete, rather than having it stuck in an investment property- The higher the amount of repetitions/reinvestments, the higher your capital will be. - Once you've spent a couple years re-investing, you can take the capital you've built up and invest it in a long-term rental property with passive income.

This allowed me to effectively scale up the business I had been running as my contractor and vendor contacts I had made house flipping immediately scaled up to larger jobs on multifamily properties.However, about a year ago I started to see a massive black hole in the process: property managers.

I am currently still narrowing down the location we want to jump into. the great country of texas LOL is massive so we are looking more or less southern texas. i dont think there are many HOAs out there and the area is not new to STRs as its a poppin spot for the winter texans. so in a long winded way i dont know if there are year round STRs but once i do ill keep the post up dated! 

Greetings,OOS of state 1 level duplex on concrete slab.

Can someone please provide an example with concrete numbers that show how the 4 dimensions of long term rental properties beat the stock market? 

This is way better than giving all people low interest rate like in 2020 which only trigger more massive appreciation and left out the ones that needs housing the most.

The construction was considerably lower than a typical new construction home because we did not have any significant concrete costs, the home was built on the existing foundation of the old home.

I'm sure the agent hears 'I want to invest ...' and computes that as I will have to do a massive amount of educating and hand holding.