Haha Real Estate builds Generation wealth if done right !

It is the best way to build generational wealth in my opinion.

It's not just about the transactions, but about viewing each property as a long-term asset and considering its potential for growth and income generation.

He has lending companies, title companies, insurance companies, and many others, and they all generate money for him every time a SubTo member buys a deal. 

I'm sure with your responses, I will generate more questions.Thank you for all the help!

After splitting it up it would be $500,000 of cash which does not equate at all to the cash flow  the business generates. 

The plan is to live in part of the home and rent out the other rooms to cover the mortgage and generate some income. 

. - If I were to find some creative renter solution and low-ball the market rent at $1700, I could only put in about $180K total assuming a conventional mortgage to generate acceptable cash flow.So, apart from increasing rent and managing the property myself what are ways that I could make something like this work?

Best,JacksonUsing ChatGPT-generated responses adds no value to a discussion of Colorado STRs but more importantly ... much of this is flat-out incorrect information.First off, it's laughable that "Breckenridge" would be proposed as an option for a first-time investor.

I'm needing to take over management of my rental, and I'm wondering how those of you who manage remotely handle packages, for example, for supplies, equipment, etc.