So we are in closing on a property in Fairview, NC just east of Asheville. I wanted to discuss our ideas for the property as an STR and get some feedback and maybe a few other ideas. I have checked AirDna data and the...
What is the typical range to expect for coststo furnish an entire property for a STR? I know there are factors that play into that like size of the property and how high end you want to make it. But i just wouldn’t ev...
My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
While using the site Zillow to browse for multi family investment properties I have noticed what they call their "Zestimate." (their estimation of the home's value) I would like to know how useful other investors hav...
Affordability is one of the biggest challenges in today’s housing market.
I believe smaller, more dense units are part of the solution:
1) Buyers can only afford smaller homes in today’s economy.
2) Denser unit...
With apologies to J Scott - typically, my team and I refer to our houses by the street number. In this case, we have two houses side-by-side, and referring to them by the street number is confusing everyone... so we'r...
Ok, I am brand new here and have spent the last 4hrs (at least) reading diaries and listening to the podcast episodes at the same time. I am so impressed with the complete openness in this community, it is truly amazi...
Are larger, more expensive homes hard to rent.I am concerned that anyone that would rent such a nice place could afford to purchase their own nice home, so finding a renter that would stay for a while, might be diffic...
Hey guys - just getting into rental business. When you are buying a condo for rental purposes what are you looking for? I know 2% is a good rule (as in if it costs $200k it must generate $4k). In the market where I am...