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I am a 16 year old sophomore in high school. I want to get my real estate license at 18 and start working the business then. Over time I want accumulate a portfolio of 1,000s+ cash flowing multi family units. No matte...
Bit of a click bait title, but interesting read from Business Insider. The "crisis" as they describe it is lack of supply, particularly in starter homes, and how first time home buyers are getting crowded out of the ...
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Hi all,
I am embaking on a new path after many years building residential and would like to get some feedback on rv park investing.I am talking about destination type parks, typically not mixed with mobile homes. Many...
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Help please! What are my options?I was high bidder at a sheriff auction a few weeks ago. I paid my deposit immediately to the clerk of court. While preparing for closing, the title company finds out that the seller wh...
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I currently use airdna to estimate revenue on potential short term rental properties. Obviously this data is based on the current economic conditions. Does anyone have a rough ball park proxy to discount the ADR and O...
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Hey Everyone,I know that there has been quite a bit of conflict as to whether an STR can be profitable or not, so I figured that coming to this community for perspective would be best. I keep hearing that STRs are dea...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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I’m interested in starting out in STR. I own land currently but looking to start making cash flow now. What areas are reasonable to find a home for fix or flip or anything
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Sorry if this is something that has been asked a million times before. I did a forum search and couldn't find a good answer. Full disclosure, I know nothing about mobile homes and just wanted to get a quick "yes" or "...
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A bit about me:I currently live in possibly the most expensive area on the planet. It is cheaper for me to keep renting instead of buying here, so I do not own my own residence. I have a high salary day job which I en...