All Forum Posts by: Ryan Konen

Thanks for sharing! As a real estate agent, I’ve seen how Opportunity Zone Tax Credits can revitalize under-served areas by unlocking capital for housing and business development. Extending and expanding these credits could be a huge step toward addressing the affordability crisis by boosting supply in struggling areas.

It’ll be interesting to see how Scott Turner builds on his past work with Opportunity Zones to drive progress. 

I would say high-quality bedding, cozy outdoor spaces with firepits or seating, and thoughtful touches like local coffee bar setups. Smart tech, such as fast Wi-Fi, streaming services, and keyless entry, consistently gets positive feedback, as do luxury bathroom additions like plush towels and rain showers. Families appreciate kid-friendly touches like board games or a Pack 'n Play, while pet owners love amenities like beds and bowls for their furry friends. Thoughtful extras, such as welcome baskets or well-stocked kitchens with basic spices, can make a stay memorable. For larger properties, entertainment options like game rooms or arcade games are often a hit.

Focus on finding a property in a desirable Spartanburg neighborhood with strong rental demand, such as a duplex or a home with rentable rooms. Use low-down-payment financing like FHA or conventional loans and ensure the rental income can cover most of your mortgage. Prioritize cash flow, minimize expenses, and build a financial cushion for repairs or vacancies. Always analyze deals thoroughly and focus on learning from experienced investors to maximize success. The most important piece I would say is trust your gut as well and get the first one done.

Try researching organizations like Oxford House, which operates sober living homes nationwide, or check directories like TransitionalHousing.org for recovery housing programs in your area. Contact local addiction recovery groups I.E. AA or NA or state housing authorities that fund recovery-focused housing.

Welcome to BiggerPockets from utah 

A fee things that work for me in the past is getting in with a realtor with a very large team. They should have stuff that hasn't hit the market yet all the time. Also local Facebook groups for investors have done me great as well. You can connect with other flippers that might have something off market they need to unload or had a property that they passed on due to whatever reason 

Welcome from utah! 

DealMachine is a powerful tool for real estate investors, especially for finding off-market deals through driving for dollars. Its pros include streamlined property tracking, access to owner data, automated direct mail campaigns, and team collaboration features. The app is user-friendly and integrates with popular CRMs, making it ideal for both beginners and experienced investors. However, its subscription costs can add up, and the effectiveness of direct mail depends on execution and market conditions. It’s a great option for those serious about scaling lead generation.

Addressing criticism about high rental rates in gentrifying neighborhoods requires empathy and transparency. Focus on the value landlords bring through property improvements, market dynamics driving rents, and contributions to community revitalization. Highlight efforts to minimize displacement, such as offering lease renewals or supporting affordable housing initiatives, and share data to clarify financial realities. Engage respectfully, acknowledge challenges, and collaborate with community members to find equitable solutions, presenting landlords as partners in neighborhood growth rather than adversaries.

Your app concept sounds promising! Here are my thoughts on your questions:

1. Pain Points: Many investors struggle with quickly analyzing deals at scale. Common issues include incomplete data (e.g., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.

2. Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.

3. Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?") would be valuable. Also, the ability to export reports for partners or lenders would be a plus.

4. Essential Data/Analytics: Reliable rent estimates, cap rates, cash-on-cash return, operating expenses (especially maintenance and CapEx), and local market trends like population growth or job market health are key for decision-making