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30 December 2024 | 103 replies
The closest comparison would be bourbon street for college age kids, but bourbon street may need to up its game.
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4 January 2025 | 12 replies
Really about growing a strong portfolio of solid deals.Now that being said, if you are a high income earner, well qualified, and can't find reasonably good deals: (i) you can connect with a well connected real estate agent for off-market deals; (ii) you might do a very narrow cost-effective cold call or letter writing.
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9 January 2025 | 8 replies
I also advertise before someone moves out to get a new tenant before the current one leaves. 100% occupancy on a LTR is very common for me.No idea on a MTR.100% occupancy sounds great, but for a bigger portfolio or apartment complex, it usually means you're leaving money on the table.Here’s an extreme example: I could rent out 100 units at $500 a month and make $50,000.
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4 January 2025 | 14 replies
Having real estate as part of a portfolio vs. those trying to "scale" it into FIRE or a business because they watched some guru say it was easy, well it is the furthest from that.
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30 December 2024 | 13 replies
I don't think anyone has ever said anything about sheets, towels, Keurigs, wifi speed, tv stations, pack-n-plays, the games in the game room, the upgraded appliances, etc.
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9 January 2025 | 5 replies
Yes, the more units you go up, generally the less players in the game so there is some advantage in purchase competition as you go up, but also more management scale and cap ex for someone who is new.3.
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19 January 2025 | 18 replies
Love to hear your getting in the game at 21!
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9 January 2025 | 10 replies
If you have other money to grow your portfolio even with $107K left in the property then hold the property.
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24 January 2025 | 36 replies
They have a brand they're trying to keep consistent over the entire portfolio.
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10 February 2025 | 16 replies
I haven't gone into so much analysis to see what opportunities truly exist for BRRR strategies, but on the surface (and despite the different risk profile) it appears that this strategy may be better for developing a portfolio early on to eventually get into an appreciation friendly market.My questions basically are:- What do you think of this perspective on the Las Vegas market?