
10 July 2024 | 87 replies
Not saying all but a big percentage.50 to 60 year olds might have a cell phone and be on the computer30 to 40 year old familiar with zoom meetings, texting, cell phone, computerskids to 20 year olds embracing group text, videos, all emerging technology etc.Of course this is not an absolute but in general as the age goes up the use of technology goes down.I could retire today if I wanted to and live off of the money the rest of my life. 48 years old now.Any industry out there has a certain golden age run up where those get in with the right timing and determination can do something magical.
9 July 2024 | 22 replies
If you are inexperienced, just manage the properties as is for a few years until you learn how to manage rentals, and more importantly understand the fundamentals of investing (leverage, tax implications, opportunity cost, opex vs capital trade-offs, etc).

6 July 2024 | 2 replies
The main feature of them is when I use one as an emergency fund.

5 July 2024 | 0 replies
Mortgage is 1/3 of rent, emergency funds are about 1/3 of rent, saving the last 1/3 for the next investment.

6 July 2024 | 7 replies
Try to consider total capex, future rents and appreciation and then compare with a different scenario in a better area.If you end up trading up a 1031 may not be worth it, as you have not owned it that long and you'd be hobbled by the rules forcing your hand on the purchase side.

4 July 2024 | 7 replies
To qualify, you generally need to spend more than 750 hours per year on real property trades or businesses in which you materially participate.

6 July 2024 | 12 replies
Hi Diana,I have several properties that are outside of where I live and I contract with trades as needed and pay them according to the job.

8 July 2024 | 21 replies
Pros know what boxes to check and the tricks of the trade to get the best deal for themselves or their client.

9 July 2024 | 197 replies
I quickly found valuable information, but also realized I had a lot to give in the way of my experience over the years in real estate and construction, and loved answering posts and trading ideas, stories, etc. with others in other areas.

5 July 2024 | 5 replies
.- Revitalization: The area is seeing revitalization efforts which can be beneficial for investors looking to capitalize on emerging markets.Data Reference:San Antonio Business Journal: Reports on Alamo Ranch’s growthZillow: Provides home value trends and market insightsUltimately, “if the numbers work” is key, but these areas show strong growth potential and demand.