Win
I bought a three-bedroom townhouse in a suburb about six miles from a business park with a few engineering and medical device employers. Closed in the fall. Plain rent for the tow…
Discussion
I am looking at a small joint venture on four furnished units, roughly $38,000 of furniture and housewares across the four, against about $1.1 million of real property. The operat…
Loss
Fourplex, older building, all four units plain long-term. Unit 2 came open in the summer and a corporate housing provider had called me twice over the previous year asking if I ev…
Discussion
On furnished corporate units I keep leaving a blank line in the operating expenses for software and services, because I don't know what the real stack is. On long-term rentals it'…
From the desk:
My crew has been doing turns and light maintenance for a couple of small landlords for three years. One of those landlords also owns a 12 unit near a regional headquarters, and a…
Discussion
I renovate for a living so I thought furnishing would be the easy part. Budgeted 8k for a 2 bed 1000 sq ft unit aimed at relocation placements. I'm at 14,200 and still need a seco…
From the desk:
I've been going through the passive-ish options and furnished corporate keeps showing the best spread on paper. In my market a decent 1 bed unfurnished is around $1,250. The furni…
Loss
I have six units across three small buildings, all unfurnished long-term until this one. A regional office about a mile from one of my buildings announced they were adding staff,…
Discussion
I have six furnished doors now and I pulled the source of every placement since I started. Four of six units filled last year through the same corporate housing marketplace, which…