3 October 2022 | 12 replies
@Oren H. logically, vacancies are affected by location, property condition, and target tenants.For instance, a Class A property usually rents faster than a Class B, which rents faster than a Class C.What class is your property?
11 November 2019 | 24 replies
It's a matter of identifying the product that is best suited to the audience you're selling to.
3 February 2024 | 14 replies
The urban houses do it bunk beds less as the demographic is usually younger and in town for events, business, etc.The beach is primarily multi generational families with children, and it is a good idea to have them there.To sell any product including a stay in your STR you have to know your audience!
1 February 2024 | 8 replies
@Winston Eastman let's try to objectively (and Logically) look at this.TURNKEYPros: 1) Everything should be done, so no major repairs for near future2) Can finance everything in one purchase loan3) Can also buy with tenant in placeCons:1) Usually paying market price2) Trusting that repairs were all done and done well, otherwise potential money pit3) Any tenant in place may be misrepresented to make the saleOWN REHABPros: 1) If done well, may have instant/forced equity2) You will know exactly what repairs done and how well they were done3) Can place your own tenant to your qualificationsCons:1) Rehab loans are expensive2) Can run into rehab surprises affecting budget (watch any HGTV flip show!)
28 November 2021 | 7 replies
For 2022 annual appreciation/growth, the experts are predicting, zillow 13.6% increase, goldmansachs 16% increase, fannie me 7.9% increase, core logic 1.9% increase, mortgage bankers assoc -2.5% decrease, redfin 3% increase, michael uber 10% increase. 6.
21 April 2023 | 9 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.
12 August 2022 | 51 replies
Some do not ever want to own and I certainly understand their logic.
1 February 2024 | 9 replies
I'm also okay with not cash flowing at the start since househacking seems like a way to just reduce living expenses rather than cash flow but my logic could be flawed there.My problem lies in the way I am going about learning my markets and all the intricacies of RE investing.
3 February 2024 | 24 replies
Glad to see that there are many target audience for MTR!