Mike Smith
How to forecast demand in multifamily in a certain area?
I come from a background in single family residential new construction. We typically use a metric called Months of Inventory to forecast demand for product in a certain price segment in a certain area. History has t...
Phillip Vaughan
Palm Springs just made it harder to profit with a vacation rental
It's not surprising that Southern California is largely against short term rentals, as restrictions have increased over the years in places like San Diego, LA, Big Bear, and also the Palm Springs area, which is a very...
Shamit S.
Risk management question. Add spouse's name to the title?
Hi all,Have first investment property under contract (hurray!), with a loan approved in my name only. From an estate planning perspective, I've been told that its better to have both me and my wife's names on the titl...
Ron Kwiatkowski
What Property Management System do you use?
Hi All,We own several properties in Omaha, NE and a couple turn key properties elsewhere. We are currently managing our own properties in Omaha. What system do use or recommend? We developed spreadsheets that work gre...
Matthew Diionno
Vacancies for turnkey SFH
I am looking to invest in a few turnkey SFR with Memphis Invest, but I am also considering other turnkey providers. From this TK perspective, even when the numbers look good on excel for my expectations, one thing I'm...
Art Maydan
Tenant Wants Foster Children
Hi Everyone, One of my tenants in a triplex are a married couple with a baby and two dogs. The unit is a 3Bed/2Bath in Chicago. Their lease is up mid-2018. They told me they've started the process of hosting one to tw...
William HooFatt
Allow MTR in Condo HOA Board bylaw change?
I was just wondering if anyone has been successful in convincing Condo HOA Boards to change the bylaws to allow MTR (Moderate Term Rentals)?
I have a nice hi-rise condo unit and I get tons of companies asking if I do...
Blake Dailey
Interested in Multifamily? - Market Forces to Consider
I remain firm on my outlook that it’s a great time to buy. I will provide the caveat that I think it’s a great time to buy good deals. I think with the extended bull market and impressive real estate run we have seen,...
Mike G.
where is the best place to pull lists with phone numbers
Hey BP community, i am putting together a direct mail campaign ( my largest to date) and I am seeing if any of you have or know of a resource or list that is just phone numbers to cold call. Some of the lists im about...
Ryan Leake
STR Data in Austin, TX - # of Guests, Average Daily Rates, Occupancy %...
This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...