23 October 2024 | 9 replies
He's reliable, trustworthy, and pays great attention to detail.
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22 October 2024 | 15 replies
In short - here are the reasons I pivoted to Real Estate Investing:All the benefits of Real Estate + growing STR optionsInflation raging at 10%/moCurrency wars and what or who will win them (Prec Metl or CDBC, etc.)Equities markets receive derivative pressures from credit markets and pressures on US dollarRealistic 10+ year opportunity in using Creative Financing, given monetary policies.Global disruption and impact analysis of COVID to businesses (small/large) and individualsWhat I was (originally) looking to get out of the program:Better understanding of Real Estate and it’s MarketLocally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)Improvement in comfort level working in REI and learning “on the job”A community where I could find deals, connect with ppl for help and ask questions, etc.Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategiesAnonymity strategiesAccess to vetted contracts for traditional, creative and gator (EMD) Real Estate dealsMy experience and feedback based on my expectations:Great original 6 week mentorship program.
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23 October 2024 | 9 replies
I'd recommend starting with a solid market analysis to find an area with high rental demand—look at vacation spots or areas with events that draw consistent visitors.
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23 October 2024 | 10 replies
There should be details on what happens with future bookings.Contact Evolve: Reach out to them and ask about the specific process for terminating your agreement and what happens to the bookings.Have a Plan for Guests: If you’re able to transfer bookings, ensure that guests are notified well in advance, and the transition is seamless.Since you’re new to STR investing, taking the time to clarify these details will help you avoid any surprises or disruptions.
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25 October 2024 | 2 replies
Do you have a specific step where you're seeking more detail or advice?
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22 October 2024 | 10 replies
Would like opinions on things to consider that I may not be thinking about as a rookie on conventional or DSCR loan assuming it appraises for the calculated ARV during analysis vs finding other ways to flip now.
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24 October 2024 | 9 replies
I would truly be interested in the meetup if you want to send me the details.
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22 October 2024 | 8 replies
The mission is to connect with like-minded individuals who can help move each other forward and avoid analysis-paralysis.
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23 October 2024 | 10 replies
Factor in the down payment, closing costs, and potential renovations.Cash Flow Analysis: Ensure the rental income from both units will cover your mortgage, taxes, insurance, and maintenance costs, leaving room for profit.
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22 October 2024 | 8 replies
Well we'd need a lot more details on the property before anyone can help.