Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
This is a very very difficult business because you have to buy company with higher valuation without knowing their product (doing DD/financial audit to young company or bankrupt company is extremely difficult) and then establish supply-chain-model (establish partnership with amazon/ups/fedex) and such.
Matt Stull
Buying a STR in Red River Gorge
11 December 2024 | 8 replies
Overall though to answer your question, there is some supply glut in the RRG area so those older properties with less amenities are struggling some.
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
If I were wildly successful in implementing any strategy, I would keep quiet about it and enjoy my life.It's like the tale about the gold miners in California during the Gold Rush of 1849: the only ones who made real money were the ones selling the tools and supplies to the miners.
Roy Lam
Shared Garage for Storage
2 December 2024 | 5 replies
But the garage is not included since I need it for storage of my tools and supplies.
Cole Bossert
Starting Out Investing While Finishing College
4 December 2024 | 6 replies
As we first hand see the demand for student housing with a low supply of affordable options in the area.
Andrew McManamon
Investing in Bitcoins
9 December 2024 | 98 replies
It's a lot prettier.https://www.newsmax.com/newsfront/irs-wins-14-000/...A cryptocurrency exchange called Coinbase that deals with bitcoin and other digital currencies has been ordered by the IRS to start forking over information about some of its customers.According to Business Insider, a U.S. district court ruled that Coinbase needs to supply the personal information of 14,355 of its customers to the IRS as the agency tries to combat tax evasion.The customers affected by the order conducted Coinbase transactions of more than $20,000 between 2013 and 2015, which includes 8.9 million transactions.
Michael McLoughlin
PPR Note Fund
5 December 2024 | 87 replies
We also have a lot more available capital with more advantageous rates these days and we're currently experiencing an upmarket as well, so these rates reflect that since the cost of assets are up.We do supply financials in our investment docs and we also now have ongoing reporting for these open funds, with even more robust reporting to come.
Kenny Smith
November by the numbers....
2 December 2024 | 1 reply
The market supply has had a surplus meaning they are sitting longer and "stockpiling", nothing crazy but it is noticeable in the chart.
Imani Naomi
Good Times to Invest vs Bad Times to Invest
3 December 2024 | 3 replies
Phase #1 - Recovery - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."
Bridger L Logan
Any success with rent by the room?
15 December 2024 | 59 replies
Rent out to roommates so I employ the "rent by the room" essentially.Pros:insane cash flowif your room offer is much better value than other places to live, tenants will stay awhilea small community can be built when your tenants become friends with eachothernever ending supply of tenants (at least in my area)Cons:CAN BE management intensiveWILL BE management intensive until you gain experience and know how to manageIf you employ this strategy, the BIGGEST risk/liability mitigator is being VERY clear from the start about your expectations and that you will evict if new tenant doesn't follow your rules.With my setup - I furnish the rooms and have all utilities covered.