Eryn Garcia
College student rental pros and cons
20 May 2024 | 13 replies
This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.
Gillis Langston
Whose responsibility is this?
19 May 2024 | 9 replies
Run off from neighbors roof is causing wood siding on my townhome to rot.
Todd Holman
The Millennial Effect: Shaping the Future of Housing
21 May 2024 | 1 reply
This trend has fueled demand for rental properties, particularly in urban areas and multifamily developments, prompting investors and developers to focus on rental housing options tailored to Millennial preferences.Desire for Community and Shared Amenities: Millennials value experiences over possessions and seek communities that offer social interaction, connectivity, and shared amenities.
Josh Haney
CRE Syndications/Joint Ventures
20 May 2024 | 13 replies
Or offer a mix, like x% interest + 30% equity ownership.
Stephen Butkus
Duplex purchase going south
20 May 2024 | 14 replies
Before I put a offer in I looked to see if there were any open permits, there were none.
James Robert
Contractor Keeps Picking Up Other Jobs During My Flips
18 May 2024 | 15 replies
The jobs he takes on for side gigs are like 2-3 day jobs but they take away from my flips.
Pat McQuillan
Quality US Real Estate Market Data at the Metro/City Level
20 May 2024 | 2 replies
Zillow's API is no longer offered (or they make it extremely hard to access these days - have had no luck finding an updated link/page for it), Redfin has broad-stroke CSVs you can download that only give 5-10 fields of info and not often at the metro area, you can't legally create a tool to crawl these websites...I'm looking for 1 (or a handful of sources) to pull together basic metrics at the metro/city level for US real estate.
Benjamin Hirsch
Kitchen Cabinet Dealer
20 May 2024 | 3 replies
My $5000 cabinets turned into $3000-3500 cabinets doing this.With that said, offer the best pricing you can is extremely important.
Peston Parsard
First Investment Rental Property
21 May 2024 | 3 replies
If so, they can't offer 1/2 a month of rent to other agents, so no point in putting it on the MLS.Several of our Detroit market competitors play the same game on cheap owners.
Daniel Ferreira
First flip - convert large 3-car garage to 2-car to add sqft?
20 May 2024 | 2 replies
There is also potential to have a 4th bedroom with a simple layout change inside but I haven't decided that yet, as it would be on the smaller side.