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1 February 2025 | 11 replies
Hey everyone,I'm looking to get started in the short-term rental business and could really use some advice.
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23 January 2025 | 52 replies
The new people don't know and they are the business target.
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3 February 2025 | 15 replies
First two deals were cash, we were running business out of the locations and had the opprotunity to buy.. no brainer :)
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29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.
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3 February 2025 | 9 replies
Just tap into what talents you do have and offer that in exchange for shadowing and learning about the business.
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7 February 2025 | 10 replies
Admittedly, I am not one that typically finds paid mentorship very valuable, but I also respect that my degree is in business with a focus on real estate, and my first job out of college was in real estate (so it is a little hard for me to take my 20 yrs of knowledge and rewind it to try to view mentors from a completely fresh lens).A couple points: I view mentors, especially these expensive ones as a catch-22.
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24 January 2025 | 6 replies
I use this property and another one as my business line of credit.
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19 January 2025 | 269 replies
I have been studying and I am looking to do my first deal.Regards, Rui
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21 January 2025 | 4 replies
Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.
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16 February 2025 | 61 replies
But it is my opinion you should try Airbnb, VRBO, booking.com and FlipKey and give it a chance to see if it is adding business.