My STRs are specifically marketed towards refinery contractors. There is a billboard of mine in the contractor parking lot. Right now my rentals have a higher vacancy than normal. So does my competition, the local ...
Have any questions about financing solutions for STR's? Please drop a question and I will be happy to answer, or point you in the direction of someone who can! Would be great to turn this into a useful thread for folk...
An off-market deal has been brought to my attention. The owner is not selling, but is not opposed to selling. The unit is a 12-unit apartment building in Connecticut. 11 of the 12 units are currently rented. All u...
I estimated a $20 per square foot reno on a 936 sq ft home. Isn't this supposed to include things like windows, doors, cabinets, bath, drywall etc. I thought the average for estimating was somewhere between $8-!5 doll...
Greetings everyone,So I’m one week to closing on my first home. I’m purchasing a Duplex with a 203k FHA rehab loan (Property 275k). 1. The first unit needs repairs, nothing major (Estimate 27k). Second unit is occupie...
In David Greene's book "Long Distance Real Estate Investing" (which is awesome, btw) I saw an argument that I didn't understand fully, which is basically "you should overpay on your mortgages to refinance them faster ...
Some background - Around 5-6 years ago, I was getting decent tenants for the most part and a pretty good PM company to manage the rentals in MO state. While I understand that it is part of the game to have a rental pr...
According to this article, http://www.cbsnews.com/news/history-says-home-real-estate-is-a-bad-investment/if you take out the recent housing bubble and just look at returns on real estate for the past 100 years, you wi...
I don't know if this is the correct subforum to post this in, but I can re-post it if needed.To preface, this conversation, I am located in Houston. It's boom time right now in this city, and property values are on fi...