All Forum Posts by: Karthik V.

My prediction is that the next couple of years is going to year of the cars. People are going to avoid airplane and drive everywhere.

Lot of people are going to work from home and drive to these vacation rentals where they can connect with nature, have fun while maintaining social distance. If you have a cabin close to a big city, I'm guessing they will do well after the lockdown is lifted. STRs in Cancun and orlando depends on people flying in from all over the world and is going to tough for them.

That is my $.02 .

@Julie McCoy ..Thanks for your reply. I was specifically looking at Broken Bow OK but also curious how other str cabins are doing since the lockdown. Has your occupancy rates/demand increased compared to say last year due to the lockdown.

I'm a ltr investor and curious to know if there is any increase in occupancy rates for STR vacation cabins.

Now that international travel is almost zero and people are hesitant to take domestic flights. Do you foresee an opportunity for vacation cabins?.

Thanks

 Hello, I have had it for 2 years now and it is working out well so far. Prices and rents have gone up. I have had one turn over and got a ton of application. It is a C/C- area so as long as you know what you are doing you will be fine.

I really thought about airbnb but that area does not appear safe to me and i wouldnt be comfortable living there myself so im not sure if that will work but im no expert either. Have you driven through the neighbourhood? Do you think it will work for corporate housing or airbnb?.

Hello,

Is there anyone on bp investing in 76012?. I have couple of duplexes near the Village Condominiums rented to section 8 tenants making over 1% rent. I bought them early this year and luckily inherited decent long term tenants and have not had any problems yet. I have been offered another duplex in the same street as mine at 132k and can potentially rent at 1.5k.  These duplexes sell very fast when it hits the market,rents very quick and seems to be very desired for investors/renters. But there are lot of Section 8 tenants and im concerned about investing more in that area.

Im a newbie investor looking to have a mix of cash-flow and appreciating assets and have few questions.

Would you call this C or a D area?.

Does this price to rent ratio makes sense for the area?.

Would you buy a property in that area?.