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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.
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10 December 2024 | 16 replies
We focused on 1 and 2 br properties long before MTRs became trendy because they have lower price points, less competition, lower expenses, and while the tenant pool is smaller, so is supply.
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7 December 2024 | 11 replies
and offer up question and answer support for anyone interested in investing in residential assisted living, actively, passively, or somewhere in between.Over my real estate journey I’ve tried a lot of different asset classes and finally landed on residential assisted living as my favorite real estate niche and perhaps the most incredible growth opportunity for the next few decades due to demographics and how that will drive demand to keep outpacing supply.
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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.
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7 December 2024 | 1 reply
The news cycle notes that the limited availability of affordable homes is primarily due to a significant gap between the demand for housing and the supply.
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2 December 2024 | 5 replies
But the garage is not included since I need it for storage of my tools and supplies.
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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.
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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.
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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.
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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.