Following @Steve K.'s recent post on rising rents in his greater area, I took a look at what's going on in my small, urban target area. I'm looking at a clear 25% rise in newly posted rental properties per-square-foot...
In locations where STR become restricted, it seems probable that many, if not most STR owners who are no longer legally able to offer the STR option, will choose to turn to MTR. With a house full of furniture, and a ...
For long term rentals its the 1% rule (for me anyway).I've read that a good metric for STRs is whether a monthly mortgage payment equals a weeks worth of revenue.Which financial metric do you use to filter your list o...
More markets are creating "Good Cause Eviction" laws designed to protect tenants from unfair evictions. Essentially, the landlord can only evict if the tenant violates specific requirements.What do you think? Are they...
Hey guys looking for some feedback here. Looking at buying first STR that also be used as a vacation spot for my family. 2 questions here 1: how is Blueridge market currently doing? Looking for a 3/3 or 4/3. I have no...
This is the June 2019 set of news clippings that I've collected and send to our investors - I hope you find it useful.Our little company doesn't usually look to make the local news, but we've broken ground on our two ...
I have a couple questions about the landlord laws in Philadelphia. My mother in law rents there and I trying to figure out who would be responsible for certain costs.
1. Her neighbor noticed there is a small crack ...
What do you think the market/price for Multifamily after COVID?In terms of people’s behavior change, ie prefer more backyard and living space vs. living in a building.Where I am (Toronto), we have seen a lot of people...
I'm mainly looking for answers from a financial and logistical standpoint.Wondering any folks out there have experience flipping a large single family and converting it into a rental fourplex.Is it costly? Did you cha...
This has been on my mind for a while.
If economy is expanding, shouldn't there be more money flowing around, hence more people with money, hence more competition in the private lending arena?
Now I understand that t...