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9 January 2025 | 15 replies
Because Airbnb only makes money when the guest books on Airbnb.Hence, they want the price to be cheapest on their platform, so people book on Airbnb instead of elsewhere, and want their properties to be able to compete with hotel prices (even after cleaning fee and service fees).
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10 January 2025 | 22 replies
Even Tom's "empire" is 700+ properties that he says bring in 600K/month.
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9 January 2025 | 14 replies
I never even would've thought of that.I think you need help with just money management.
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13 January 2025 | 1 reply
You can learn these things over time.Take note, Due on sale clause isn't even one of the main concerns.
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9 January 2025 | 3 replies
Heck, some people might even pay more for the 'cool factor' of living in a 'small home'....I'd give it a go since you're a veteran of this RE stuff.
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9 January 2025 | 13 replies
@Matthew Drouin I haven't even dreamed of doing what I'm talking about but research the subject I've been brought to various YouTube video offer case studies & case analysis which would have me to believe deals can be done by lone individuals without any capital of their own being spent.
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9 January 2025 | 9 replies
Many lenders will allow you to do a BRRRR and take cash out, even without owning the property for 6 to 12 months.
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12 January 2025 | 12 replies
A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.
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7 January 2025 | 3 replies
I would like to do some research on other rental properties before I set my priceComputer algorithms are good for studying a general market, maybe even a neighborhood, but they are terrible for evaluating a specific rental.
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9 January 2025 | 107 replies
Hey everyone, Just another Tuesday evening obsessing over real estate.