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28 November 2024 | 22 replies
.: There are companies that provide this and I even believe some do a revenue share with apartments.We had looked into this a while back for some of our properties.Not a bad revenue stream and a nice little perk to have new EVs charging near the clubhouse/office where new prospective residents can also see them.
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5 December 2024 | 37 replies
These options offer economies of scale, simplified operations, and reliable income streams from tenants.
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5 December 2024 | 34 replies
I have not seen any "main stream" versions of this just back country engineering but it's a solid concept and works well.
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27 November 2024 | 7 replies
I am sure there will be more as I sort through things as a lot of stuff came up and some not so good.There are also a few Xumo TV's which I didn't put in here due to Xumo being a bit of an outlier for streaming.
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5 December 2024 | 554 replies
How Binance became a hub for hackers, fraudsters and drug sellers (reuters.com)
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2 December 2024 | 33 replies
When you talk about replacing income, the safety of that cash flow is much more imperative, since presumably you are living on it, too.And then you combine both thoughts: safety in income stream to live off of, and cap rates/yields from assets.
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25 November 2024 | 4 replies
Combining this with tours or small events can add extra income.Lease Mineral or Water Rights: Depending on the area, leasing mineral or water rights can be a potential income stream if there are valuable natural resources under the land.
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26 November 2024 | 10 replies
Texas, with its strong tech hub and job growth, is worth exploring, but home prices are higher and rent-to-price ratios are often below 0.5%.
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24 November 2024 | 19 replies
This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.
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10 December 2024 | 100 replies
If you found a way to add additional revenue streams, such as title, mortgage, etc., then you may have a reasonable business, but otherwise...why would you do this model?