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2 January 2025 | 37 replies
I especially believe in this challenging RE environment that some realistic analysis is beneficial.
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8 January 2025 | 33 replies
Preaching to the choir - god please pray that servicing can be automated and improved with the emergence of AI.
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18 December 2024 | 25 replies
The "slow flip" I am referring to was purchase the property in the traditional financing way and then live there while rehabbing and improving (adding bedrooms, getting the yards back in shape, updating finishes, building or adding shop space, etc.).
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24 December 2024 | 12 replies
@Breeya Johnson Austin has gone through numerous changes the past five years, both good and challenging.
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30 December 2024 | 7 replies
I look at every single item in the pro forma and imagine that it is complete BS, and see if I can challenge it.
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23 December 2024 | 0 replies
Are you seeing similar challenges with rent growth?
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19 December 2024 | 10 replies
Then use the extra roommate rent income to pay down your mortgage and look to refi to a lower payment in the future (3-5 years) - so it cashflow when you move out.You could also choose the smaller unit and STR the other unit to generate more cash to pay down your mortgage and refi, so it cashflows when you move out.Bottom line: you'll have to get creative to solve your cashflow challenge!
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24 December 2024 | 25 replies
@Ashish Acharya A big part of my post is highlighting how specific details in local regulations can make it increasingly challenging to operate short-term rentals, even in towns where they’re technically permitted.
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19 December 2024 | 8 replies
The insights gained from these projects have validated our initial assumptions about cost savings and construction efficiency.Future Vision:We're now developing a complete senior community model that combines:Affordable container homesCommunity-focused designSustainable practicesScalable business modelInvestment Perspective:From my fund management experience, I see three key advantages:Lower capital requirements than traditional developmentFaster time to marketMultiple revenue streams (sales, community fees, services)I'm sharing this to start a discussion and get feedback from the BP community.Questions for discussion:What challenges do you see in this model?
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27 December 2024 | 16 replies
Selling a property that requires significant work can indeed be challenging, but there are several avenues you might consider exploring:Local Real Estate Agents: A local agent with experience in selling fixer-upper properties or historical homes in your area could provide valuable insights.