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When designing your STR, do you attempt to attract as many vacationers as possible or do you design with a specific population in mind and try to cater to them in return for slightly higher ADR?
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It’s 2021: historic low interest rates, home prices continue to go up. Ironically unemployment rate is up and it is extremely difficult to evict tenants for not paying rent.It sounds like a ticking bomb to me but I do...
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I am interested to hear people thoughts on the Las Vegas market.
We have many new factors to consider when predicting the market in the upcoming future. Some of the topics I was looking to get more info on are:
-New...
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Hey Guys I am from Greater Grand Rapids, MI area Got a tenant who literally uses small scale home owners and not pay rent on time and sometimes even refused. I inherited her when I bought the house and later realized ...
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What would you pay for a class D 5 unit property that has gross rents of $2000 / mo, so figure a NOI of 12k per year. I know caps are area specific, but I'm not sure that is as applicable to small D props.
If I wa...
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Hello everyone,
My name is Nate Kimball and, until today, I have only been a forum troll, so to speak. I joined this site because I am amazed at how willing the sages here are to forfeit their wisdom and experience t...
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If a person were to do a house hacking strategy with an FHA loan with the 3.5% down payment and then live in the residence for the required year’s time would you be able to refinance into a conventional mortgage and i...
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Hello all,I'm looking into my first multi family passive investment and trying to dot all of the i's and cross all of the t's before signing on the dotted line to protect everyone involved.How deeply do I need to dig ...
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The city I'm invested in - Worcester, MA is the 2nd largest city in New England. It has 13 colleges and universities. Unemployment is back down to 6.1%.It's in the bottom 5% of the Top100 metro areas however. I can't ...
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I'm trying to understand the short term rentals better in a particular area. Does anyone use short term rental estimators that they like?