43R: top 2 factors #loc..

Posted on by tiger40490 rendered_on [ Thu, 6 Mar 2025 ] 18:57 UTC
  1. rental demand, probably dependent on location, among other things
    • For reference, top 3 factors in appreciation is location, location and location.
  2. BCP Ratio := bedroomCount to price. For 350k, I hope to get 7 bedrooms including attic and basement.
  • –Top 4 challenges:
  • efficient renovation to improve my room offering and hopefully to create more bedrooms in living room, attic and basement. The best BCP often requires major fix-up
  • — secondary factors, dependent factors .. critical thinking!
  • vacancy? Depends on rental demand and my price
  • tenant delinquency? Well-known issue. Poor low cost locations tend to attract problem tenants.
  • legwork? I think Guang shows a good example.
  • average rental price in Bayonne or JC? easily verifiable.
  • feasibility of having many small rooms? I can buy a house with that many rooms, to reduce the uncertainty
  • asset depreciation? rental income seldom declines in a down market.. U.S.home price cycle #Wallace