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28 February 2025 | 13 replies
Quote from @Michael Calvey: Airbnb just dropped their Q4 numbers, and something caught my eye that hosts need to pay attention to: while they're raking in $2.5B in revenue (up 12%), they're dumping massive resources into platform "improvements" - 535 of them to be exact.As someone who follows the hosting space closely, here's what's interesting: they're clearly betting big on AI and tech upgrades, but what does this mean for hosts' bottom lines?
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25 February 2025 | 12 replies
Try to see the property yourself if you can (was out of state initially).
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25 February 2025 | 0 replies
* Increased institutional competition in value-add and workforce housing sectors* Possible shifts in Bridge’s investment strategy under Apollo’s leadership* A strong signal that big money still sees CRE as a solid long-term playFor those navigating today’s market, aligning with capital trends and understanding where institutional investors are placing their bets is crucial.
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24 February 2025 | 0 replies
. - Initial investment of $145K (DP+closing)- It had one tenant for 5 years and 3 months (no turnover), and the tenant paid off the mortgage and expenses in those 5 years.- I spent around $30K to do upgrades before selling.- Sold it for $915K after 5.5 years (received $442K at the closing)- Did 1031 exchange and bought 8 SFH in NE & AL worth of 1.6M (brings $4k/months income now) What made you interested in investing in this type of deal?
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28 February 2025 | 1 reply
Commercial project development takes a long time, if there is additional cash that is not urgently needed its a safe bet.
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26 February 2025 | 3 replies
If you want to be mentored your best bet is to go work for a company - most CRE is not a single individual and CRE is fast moving and things happen fast and you can't structure a "follow me to learn" without working for someone
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4 February 2025 | 7 replies
So far, I've used Facebook Marketplace, Zillow, Roomies, Craigslist, and Roomster, and I was able to get some level of interest initially, but haven't had a ton of luck since then, so I'd love to hear some ideas.
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12 February 2025 | 27 replies
Your best bet at this point may be to dig some test holes in the basement and see where the footings are.
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22 February 2025 | 11 replies
If I did I would been out of my 9-5 4 years earlier I bet.