All Forum Posts by: Justin Ash

Does anybody have any experience investing in alternative assets with Yieldstreet? I am considering investing in their Prism Fund w/ my SDIRA.

If you want to get into land development and cannot finance your end cashflow goal right away... Purchase a piece of dirt, subdivide, creatively finance, build, and sell. Hold 1 lot for your cashflow idea. I am currently in the process of doing this exact same strategy in Sayulita, MX.

Lokesh,

I am subdividing and developing a piece of land in Sayulita, MX to build out tiny home bungalows in the jungle.  Would you be interested in taking a virtual look?

Thanks,

Justin

My portfolio allocation - 40% RE/ 20% Business/ 20% Stock Market/ 15% Precious Metals/ 5% Cryptocurrency

Kush, I'm an RE investor living in Sayulita.  If you would like to connect send me a message.

Dave, I would love to connect with you. I'm living in the Puerto Vallarta area

@Ehab Shoukry Congrats on your acquisition and thinking outside of the box with Airbnb...

I manage my WA Airbnb remotely from SE Asia, which kicks off $2k+ per month... It's beautiful...

You can setup Airbnb properties anywhere in the world...

I have a property in Lakewood, WA and started renting rooms out in a SFR/1824 sq ft/3+ bed/2 bath. The property is a rambler with a large living room addition (which includes the other bath) that I converted into a studio/ househack while I was living there.

I happened to stumble across the travel nurse market because there 5 hospitals in the area all within 10-20 minute drive from property. 

Since I have become a digital nomad entrepreneur I have put a tenant into the studio (1 year lease) for discounted rent to help with the cleaning, yard maintenance, etc.

I am looking for creative ways to improve the cashflow...

1. How can I gain exposure to more markets besides Airbnb?  Tokeet? Guesty?

2. My thoughts are that if I can get better demand, I can charge a higher price per night?

3. Does it make sense to have a tenant to manage property?  I have been running numbers and it seems like I could get better results by leasing to a tenant at full market price and outsourcing the cleaning/ yard maintenace?

4. The elctricity bill seems to be much higher in the winter when I am not there. Can I negotiate w/ the electricity company? Is there a different heating system I could invest in to keep these costs lower?

5. I am also building relationships with the travel nurse companies and have found resources. Are there any other creattive ways to help me decrease vacancy, improve occupancy, and get the highest price per night?

6. Also, my insurance on this property jumped up 200% because I deeded it into LLC, how can I reduce this cost?

Thank you in advance!