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10 July 2024 | 34 replies
So in my mind STR is good tool to catch long term appreciation and REDUCE EXPENSE when folk is vacationing.For me it is as the following:if you like snowboarding you would buy in Tahoe or Denver or Aspen.if you like beach you buy in Hawaii, Destin, Panama Beach FL or San Diego.if you like hiking/forest you go to these Servier county,etc.The problem is if you don't have hobby and don't like to go for vacation LOLI cut 90% of my vacation budget by having STR, this is the internal profitability metrics LOLIf my own purpose is to make money I would find investment that yield 30% IRR and >1.5EM and I know it's not that in vacation market in 2023 lol.
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11 July 2024 | 4 replies
We have also found some meetups in the spring and plan to start attending them to learn and grow as well, sorry for the long post.Edited to add our investing goals are to be able to live off of our rental portfolio in the next 12-15 years when our kids graduate, obviously the sooner the better but we understand it’s a long term game.
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8 July 2024 | 12 replies
(What I care about most working with mountain vacation rentals outside of Denver and Colorado Springs.)-- 34% ... hot tub-- 24% ... washer/dryer-- 20% ... poolIn all but one market type, hot tubs were the best way to boost revenues.
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8 July 2024 | 3 replies
Hey Bigger Pockets Family, I recently moved to Denver, CO from Tacoma, WA where my business partner and I used to fix & flip properties.
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9 July 2024 | 12 replies
@Robin Hopkins I have 1 LTR in Denver, NC and it was a wonderful decision.
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7 July 2024 | 0 replies
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $550,000
Cash invested: $120,000
Sale price: $806,500
Bread and butter duplex flip complete remodel.
...
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9 July 2024 | 2 replies
Dod I need to attend the court date to remove his items or is there a specific time period (with or without court attendance) to where I can remove?
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10 July 2024 | 256 replies
When I was starting out, I was going to attend his mastermind but then I attended Eddie Speed’s and I wasn’t impressed either.
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10 July 2024 | 10 replies
It doesn't cost anything to attend RE meeting, introduce yourself and get contact of people who invest in properties.
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9 July 2024 | 1 reply
It's crucial to conduct thorough due diligence on the property to ensure it has potential for value appreciation or can be renovated to increase its market value.To learn more about seller financing and strategies for adding value and reselling properties for profit, consider studying real estate investment books, attending seminars or workshops, and networking with experienced real estate investors who have successfully used this strategy.