All Forum Posts by: Sherry Taylor

Hi Tabitha.

IMHO, is buying a property for cash your best option for ROI? Often times, it's not although many buyers do that.

Depending on a number of items, couldn't you take that same cash and purchase multiple properties to rent?

In many cases, the short answer is 'yes.'

If your goal is to acquire a home to rent and earn income, purchasing multiple properties in a practical time frame can provide you with a substantial monthly cash flow opportunity when comparing it to purchasing a single property with cash.

There are various ways to do make those purchases with that cash and make better use of that money that you would be borrowing.

If you are purchasing for personal use, learn how to purchase property with very little cash so that you are not on the hook for more than necessary.

You'll pay much more for a house if you think in traditional terms.

There are so many other ways to purchase whereby you could have more square footage/dollar than a traditional purchase would provide.

Think outside of the box.

Just a thought.

Hi @Kathir Balakumaran.

I plan to get into flipping starting in the Cleveland area in 2023. Maybe we can connect at some point. I have a few resources that I'm sitting on, waiting for me to get started.

Quote from @Bob Stevens:

Quote from @Sherry Taylor:

I have investments in both the physical and digital real estate worlds.

The digital world allows for greater ROI. Then, that provides more opportunity to invest in higher-valued properties in the physical world with its tax benefits.

There is a learning curve just like anything else.

 What is digital RE world ? Can't wait to hear the response 

@Bob Stevens There are several different forms of digital real estate.

The segment that I (my company) invests in are domain names.

For example, I've spent $20 and made $90,000 selling a .com and its .net counterpart.

There's more in addition, where I've spent $11 and made $40,000 which each of these and others were transacted in a single month where I made multiple 6-figures. Purchases were made approx 5 months earlier.

Unbelievable ROI.

I own the main real estate domains for the city that your business is in, too.

To learn about the industry, look at DNJournal.com for recent and historic sales for those who report their sales. It's updated bi-weekly. 

Knowing how to combine the digital world with the physical world in real estate and any other industry is priceless. I can't think of a higher ROI.

Adding the lead generation formula will beat any service over time when it comes to conversion.

Realtors should consider this for sure. They'll sell way more properties!

I have investments in both the physical and digital real estate worlds.

The digital world allows for greater ROI. Then, that provides more opportunity to invest in higher-valued properties in the physical world with its tax benefits.

There is a learning curve just like anything else.

@Kirk Roberts Possibly think outside-the-box.

According to finance-based articles and television programs, many 'technological' investors are investing in digital real estate, growing their net worth then purchasing larger properties to assist in offsetting their tax liabilities.

Food for thought.