New Member from Remote Alaska (and BC!)

[Carly Staehlin]

Hello Biggerpockets Community,

I’m thrilled to be among you! I joined BP about a month ago, following a link from reddit related to landlording, and I've spent a couple of hours here every day since then. I've noticed that some of you have been active on this site for several years, which gives me great confidence about the quality of the content and community I find here.

Couple of quick facts about me: Grew up in Texas, spent most of my life there (in Austin for the last 11 years up to 2006.) I've been an entrepreneur for most of my life.

I live in Alaska now, and also in British Columbia, Canada. I have real estate holdings in both markets: a commercial bare land speculation (in my SDIRA), second set of commercial lots (location of a food truck business I co-own), a SFH, and a fourplex. I'm also in a couple of REITs, and a partnership that owns a SFH in a ski resort area of Canada. I have also done a little private lending, though not related to RE.

My main goal at present is to educate myself across the board so that I might better identify future opportunities, or refocus current holdings.

Without getting too far into the details of the various considerations, these are some toplines:

1. Consider converting one or more of the long term rentals (4 -1/1 units) into nightly rentals (tourist market, and the units are located between the post office, the rv campground, and across from a hotel.)
2. Use funds in the SDIRA: private lending, JV with a group somewhere, crowdfunding? Or, develop the lots with the limited funds available in the SDIRA. (Or develop the lots after a few smaller plays help grow the limited funds.)
3. The REITs: I've been in them both just shy of 10 years. They are worth less than I paid for them. Sell out, take the loss, and use that for another RE venture? Dividend payers though, and I like that.

And etc.

For now I will focus on absorbing the content available in the form of articles and blogs, staying tuned in to the discussions on the forums, and developing my strategy. Look forward to meeting more of you soon.