
26 October 2024 | 11 replies
@Adam Peralto More & more owners are posting here on BP about their rentals sitting vacant too long.Which means owners aren't paying attention to the rental market - which is slowing, causing Days On Market (DOM) to increase:(Take a look at the graph below from ShowMojo, comparing average DOM for 2018-2024.DOM are now about 40% longer than they were 2 years ago.Many owners also don't seem to be aware of real estate market fundamentals, such as seasonal effects:1) After September, when kids go back to school, there's a noticeable dip in activity in both the sales & rentals.2) After Halloween, there's another noticeable dip.

28 October 2024 | 7 replies
I have six kids, lots of fun having them, but the real work comes in raising them.

25 October 2024 | 0 replies
It’s a great moment to explore what's out there, weigh options, and go for the best fit.For sellers, a slower pace might mean adjusting expectations, but the demand remains steady.

28 October 2024 | 15 replies
**Stay Active in Real Estate:** Despite the uncertainty, continue exploring real estate opportunities.

28 October 2024 | 30 replies
After the sale of the company, we have:9-15 months of personal expenses in savings to live off ofStart with $100k cash and do micro flips to avoid the risk of a hard money lender and losing our tail if something doesn't go right or sell quick enoughOnce the house sells, reinvest all the cash back into the next flip and continue doing this until we are doing multiple flips at a time (he can manage 4 large projects at a time by himself, so we assume up to 4 active flips at a time eventually)Pros of doing this:No longer having to manage W2 employees/operations (this used to be my role but now that we have kids I want to stay home, not do this)Getting a larger chunk of cash to start flipping quicker vs waiting 1+ years to save enough cash for the first flipUsing cash reduces our risk of losing money with a hard money lender if the project takes longer to sell, rehab, etc.

25 October 2024 | 2 replies
Hi everyone,I’m exploring the idea of purchasing a property in Big Bear Lake, CA to use as a short-term rental (Airbnb), and I’d love to hear from anyone with experience in the area.

30 October 2024 | 28 replies
Ive never really explored this investment route but it's great to hear about your journey in specifics and how you've been able to overcome a lot of those challenges.

25 October 2024 | 2 replies
To succeed, consult with a local realtor or property manager, split utilities/responsibilities, and explore niche rental platforms like Hipcamp.Good luck!

25 October 2024 | 0 replies
Thoughtful pricing and presenting your property in its best light are what will capture buyer attention.Your Move in Today’s MarketFor buyers, this is your chance to explore a wider inventory and find the right fit.

26 October 2024 | 6 replies
. 🤣🤣🤣 I'm just kidding!!!