Rebecca Gona
New to STR -Excited but scared- need to learn!
25 January 2025 | 12 replies
So I would suggest keeping your STR property geographically close and doing as much as possible to keep your profit% high as possible.As far as the actual house you use, I would just say - be honest, be fair and strive for the best area, most amenities, cleanest house, best communication, and any other extras you can get.
Rebecca Cho
Excited (and Nervous!) to Start Our Real Estate Investment Journey
13 January 2025 | 25 replies
I agree with what others above said, that having a reliable, honest and knowledgeable team is the most important thing...more so than perhaps the location.
David Hori
Is Pace Morby a Scam?
27 January 2025 | 109 replies
You will not get full honest reviews publically on any program.
Drew Sygit
Why are Newbies Using Invalid Investment Assumptions from 5+ Years Ago?
20 January 2025 | 14 replies
> Many, basically get taken advantage of by those in the industry that have an incentive to keep newbies blind to new realties, just to keep their good times rolling.If someone poses an inquiry on this forum, I provide my honest opinion (which it typically that the investment is unlikely to provide a return that justifies the effort & risk).
Clare Pitcher
Flat Rate vs. Percentage Based Managment Fee
30 January 2025 | 19 replies
Honestly, I don't pander for biz, I don't have to, I and RW are sought after for a reason.
Chris Seveney
The Tech Revolution in Real Estate Lending: Are We Overlooking the Basics?
28 January 2025 | 5 replies
Honestly, I think this might be more symptomatic of larger issues in the real estate world in general.
Albert Gallucci
How do you detirmine the class of a Property
27 January 2025 | 12 replies
Generally larger commercial properties and shopping centers are easier to classify with hard and fast rules, but to the points above the residential areas really move very quickly and have way more nuance than most people care to admit.zip codes are generally way too large for my liking at least in my market to provide any kind of insights other than macro level economics but even then highways or rivers that cut through a zip code can end up with totally different trade areas.we can get pretty granular with cellphone data and with grocery center data to understand the trade areas and their true boundaries, but that kind of data pull is generally only cost effective for investors doing larger scale projects or developments, and honestly we still just end up getting on the ground and feeling it out, so I generally tell people that the money is better spent on a plane ticket and weekend trip in the area you are looking rather than any kind of "trade area" level data studies.and generally B class in 1 area means something different than another.
Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
I always recommend to make even a little passive income from a rental after all your expenses, lets be honest you put a lot of effort into this rehab so you should reap a little return.
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
Honestly, I think you're estimated expenses are a bit low.
Celine Besson
Managing a renovation from afar
14 January 2025 | 6 replies
So, they make honest mistakes that can still cost you thousands of dollars.- If you try to hire contractor directly, you have about a 90%+ chance of getting taken advantage of.