All Forum Posts by: Vatsal Patel
Vatsal Patel has started 4 posts and replied 14 times.
Post: Help Strategizing !
- Huntsville
- Posts 14
- Votes 7
Post: Approached by a PM to turn my SFH into a Sober Living Rental: Any experiences?
- Huntsville
- Posts 14
- Votes 7
Post: Market Is CRASHING . . . For Opendoor-Losing on 42% Of All Trans
- Huntsville
- Posts 14
- Votes 7
Quote from @Ryan OBrien:
Look at the stock price. Ouch!
Almost everyday it's down.
Here is list of their properties for sale in the Denver, Colorado area. 90% have had a price reduction.
https://www.orioncolorado.com/...
I wonder if black rockor Black Stone will take them over. Probably not. They're just going to let them sink, and then move in to scavenge the carcass.
Wow this is crazy.
Post: Investment ideas in Huntsville, AL
- Huntsville
- Posts 14
- Votes 7
@Luke Ache Anything on the MLS is not going to cash flow much or will be negative. I have been tracking the Huntsville market for a year now and its been hard finding anything on the MLS. I am looking for my first property and I don't think I will find it here. Might have to look farther away to see if it will cash flow.
Post: Where should I house hack a duplex in America in the next year?
- Huntsville
- Posts 14
- Votes 7
Quote from @Carlos Ptriawan:
Huntsville Alabama if you're tech guy. This is the only tech place that's like Bay Area 18 years ago.
If you prefer to enjoy lifestyle then Hawaii outside Oahu.
If you just want cash flow then Indiana. Any city :p
Post: Who else is selling now in Huntsville or Madison, Alabama?
- Huntsville
- Posts 14
- Votes 7
Quote from @Nikki Yankowski:
Thank you for sharing. I saw those two 4 plexes by Sparkman and 72 just list for the 400s. First time I've seen something like that on MLS.
Post note: I am hearing rumors about the the city of Huntsville passing a zoning law against SF purchases for investments. I haven't had time to follow up on this, but if you do please let me know!
Post: Does converted garage add value to a rental?
- Huntsville
- Posts 14
- Votes 7
I was wondering if a 4/2 with no garage is worth more than a 3/2 with a garage?
Almost
all other houses in the neighborhood had a garage.
I am looking at a house that has a converted garage. The house need some work and was wondering what I would do with the converted space.
How will the converted space work with insurance and zoning?
Post: Does converted garage add value to a rental?
- Huntsville
- Posts 14
- Votes 7
I was wondering if a 4/2 with no garage is worth more than a 3/2 with a garage?
Almost
all other houses in the neighborhood had a garage.
I am looking at a house that has a converted garage. The house need some work and was wondering what I would do with the converted space.
How will the converted space work with insurance and zoning?
Post: Multiple LTRs in Huntsville or 1 STR in Gatlinburg/Pigeon Forge
- Huntsville
- Posts 14
- Votes 7
I am not sure what you are asking. You are trying to compare 2 different strategies that have their pros and cons. Then you are adding more complication by trying to compare 2 different locations. Other things you should think about is are you looking for cash flow play or appreciation?
I am trying to get my first LTR in the Huntsville market and its pretty hot here. Why not reinvest the money back into the market you know?
Post: New to Huntsville, New to Investing.
- Huntsville
- Posts 14
- Votes 7