All Forum Posts by: Scott Phillips

https://www.fast company.com/90880031/AirBnB-launches-rooms-short-term-rental-laws

For MTR prop owners out there....

https://www.inc.com/jessica-st...

Looks like types 1-3 would potentially be MTR candidates: Freelance digital nomads, Digital nomad business owners, Salaried digital nomads.

Good luck!

Thanks @Chris Seveney. What kind of returns are you getting on your notes?

Thanks @Chris Davidson, good points. Appreciate the feedback. Best of luck on your investing!

Does anyone here have advice or experience investing in RE through an IRA (traditional, not Roth)?

I have six-figures parked in a traditional IRA from a past 401K rollover and considering using for buy/hold props or something like promissory notes or even hard money loans. Leaning toward props in balanced cash flow/appreciation markets even if it just breaks even for first 1-2 years as I plan to hold for 5+ years.

Thanks BP community!

Thanks @Jennie Berger, big help! I didn’t even think of pest control expense. I’m sort of surprised that you can get new construction to cash flow in the current environment, unless you’re putting a bunch $$$ down. Thanks again and best of luck.

Scott

Article:  https://www.fastcompany.com/90...

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