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2 September 2024 | 17 replies
Things like septic pumps burning out, steam room dying, guests catching the grill on fire and leaving burn marks on the hardi siding, emergency bug treatment, above ground pool which is ridiculously hard to manage in our heat & having no time to deal with it if it starts to go, laundry & drying time for all the towels and linens, etc, etc.There are plenty of things we can and will get better at, but I'm prioritizing the stress level of my people as well as the very near disasters we've narrowly avoided, over the little bit of extra revenue we'd generate.
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2 September 2024 | 14 replies
If you had a competitive advantage you need to understand note investing and how to do due diligence on it to see if it’s a legit note and feel for pricing expectationsNot saying it cannot be done but there are every few brokers in the space.If you are trying to do this as a way to generate revenue, unfortunately I think you will be disappointed
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30 August 2024 | 0 replies
I ended up living here longer because I got into real estate full time and didn't have the energy to finish fixing up, but moved out a couple months ago and it's almost ready to rent out as 2 units for Airbnb's or mid-term.
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31 August 2024 | 18 replies
It's going to drive you crazy and you've got bigger fish to fry... you're building your business and all the stress and energy you are pouring into this is taking away from that.
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2 September 2024 | 32 replies
The time, energy, and lifestyle capital can drain your resources when you need to visit, build your team, manage your team, and how and when to exit.
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2 September 2024 | 8 replies
Now, I'm looking to venture into real estate investment for several reasons:Diversify my investment portfolioBuild generational wealthLower my taxable incomeMy Investment Criteria:Buy and Hold Strategy: I'm focused on long-term investments.Cash Flow: Not a priority for me; I don’t need the income from these properties, even in retirement.Acquisition Pace: I plan to acquire one or two properties per year.
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30 August 2024 | 8 replies
Ask your favorite mortgage broker about DSCR loans.I was told by my lender they would base the loan on AirBNB estimates of what my STR would generate, didn't even have to one day of rental on it.
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29 August 2024 | 3 replies
A realtor that you are wanting needs to be new and fresh enough to the have energy and willpower to work their a#$ off, but also have some experience and education to bring to the party.
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30 August 2024 | 7 replies
The other thing is that when roots get in once, they can get in forever, and a tree cut down can still have root growth until all energy stored is exhausted.
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28 August 2024 | 4 replies
EV and Green energy!