Hi fellow STR investors!I finally purchased my first STR in the smokies in Oct 2023. It's a 3/2, new construction, and I went live just before Thanksgiving. It rented my first day live! Very exciting! So far so good, ...
Preston Hollow flip, nice areaJust Listed $750,000, looking for a new owner now.Started as 5/3/2 finished as 4/3/2, Waiting on final number but rough are 355K purchase, rehab around 160K holding cost 40k What an adven...
This week just closed/funded my first flip of this year. Here are the numbers:$74,500 Price$28,000 Rehab including soft costs$135,000 Sold for Ca$h (on market for 11 days and set a new $/ft high for area)$25,000 Prof...
Investment Info:
Single-family residence other investment.
Cash invested: $29,000
Our first STR. Launched in June, doing very well.
What made you interested in investing in this type of deal?
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Hello Bigger Pockets Community. Brief summary about my self. My name is Nick and I’m a Father to 5 children with my beautiful wife Tina. I’m currently a Union Iron Worker out of Local 44. I have a Bachelors in Electr...
John is correct. Markets are very local and some are performing well and some are in the tank. Here in So Cal, if you segment the market by price; the higher end has seen prices holding up well while at the low end ...
Looking for insight/opinion on investing in STRs in highly seasonal resort towns. Occupancy in big bear plummets when the ski resort closes around April, then heals a bit in summer for lake season. (Resident for 29 ye...
I'm interested in short term investing in mobile homes, in western Canada. Is anyone doing it, and is there any information out there on it?
Everyone seems to think it's an extremely bad idea but I'm not so sure it i...
Hi,I'm interested in a triplex. The numbers all work great. My only issue is the roof. It needs a roof. It's never leaked buy it will. A new roof may cosy up to 15k. Should I walk away?ThanksTony
Hi everyone. I just wanted to post a recent success story as a real estate investor-friendly agent here in Southern California. I represented the investor on the buy, and negotiated the price that would allow enough r...