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10 May 2024 | 7 replies
Section 8 can be reliable in that you are mostly paid not by the tenant and on time, but they come, most of the time, with more tenant issues and low appreciation.
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10 May 2024 | 2 replies
Although a bank or insurance company would fit nicely into Berkshire’s existing platform, Canada does have restrictions on foreign ownership of those assets – so my bet would be either an energy or utility-oriented opportunity (plenty of them in Alberta) or perhaps a significant stake in Alimentation Couche-Tard, which owns the Circle K brand and has a significant global presence, potentially meshing nicely with Berkshire’s recent purchase of Pilot Flying J.This year, I had the pleasure of travelling to Omaha with some friends from New York University’s Real Estate Development program and got to catch up with old friends from all over the world.Alas, my favorite Buffett-ism from the meeting was "Understand that the market is there to serve you, not instruct you".
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10 May 2024 | 6 replies
It is a great area to invest in and, as Jan mentioned, there are folks you can network with here to find reliable professionals to check on the properties for you.
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14 May 2024 | 201 replies
The 200k I would make selling the lots wont get me really far as It could afford me another duplex or triplex, but since I have 9 Freddie Mac mortgages, and my tax returns dont really show the truth of what I make due to depreciation, I cant get loans, so that 200k wont do much in so far as my goals....I am selling two of my single families t o get debt of my sheet and some profits, but that'll take approx 4 months from start close.....But I know the risk here, but I am afraid to walk away and afraid not to :/ its a conundrum...So all I can do is have a consultant who can make sure everything is going as it should and I learn in the process....My goal right now is to learn as much as I can before even breaking ground as to not be reliable on someone when I have alot at risk.
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11 May 2024 | 38 replies
Look for a market that works for your time, money, energy that moves you closer to your goal of why you are investing in real estate.
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10 May 2024 | 9 replies
Your main objective should be building a reliable system that works for you on your first deal.
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9 May 2024 | 2 replies
You're asking someone to spend a lot of time and energy to share what they've spent years - maybe decades - learning and developing.
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9 May 2024 | 13 replies
If those vendors are resourceful and reliable, they'll bring the deals to you.
7 May 2024 | 4 replies
From my experience, the most reputable/reliable GCs will charge for a scope of work and overall consultation/advice.
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10 May 2024 | 30 replies
If you're seeking a reliable income stream, consider checking out Cleveland.