Mike Eichler
Three Killer Poconos STR Renovation Examples
23 October 2024 | 10 replies
. #3, Old coach is my favorite!
Kyler Cook
Christian Investors - How do you tithe?
24 October 2024 | 27 replies
We bought cars for single moms, dug wells for orphanages, bought gifts for AIDS camps in Jamaica and in early 2008 we were both told to give it all for 6 months to a couple we had known for a long time who had suffered some catastrophic setbacks.
Priscilla Pe
Newbie investor looking to learn
22 October 2024 | 8 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Mindy Nicol
Listed my STR. Overwhelmed with financial requests
25 October 2024 | 26 replies
I think this is the gift and the curse of a still emerging asset class (short term rentals) - as it becomes more "institutional" i.e. more like commercial real estate with more sophisticated buyers then financials and systems for this will likely become more streamlined and stable, but we are still in a place where the buyer pools are more newish investors or typically residential basic investors, so not has experienced or sophisticated evaluating investments based on a detailed financial analysis like more seasoned commercial investors likely would.anyways, just a guess on what might be going on here
Michael Carbonare
How To Get Started: Simplify, simplify
21 October 2024 | 2 replies
Henry David Thoreau, one of my favorite authors, went to the woods to live, in his word, deliberately.
Jonathan Krauser
Letter's to find Off Market Properties
25 October 2024 | 33 replies
(yellow, blue, handwritten, scribbles).19.Slap a unique tracking phone number on each mailer design.20.Spend another fortune sending mailers, again.21.Get yelled at, again.22.Remove people from the list that demand it, again.23.Receive a bunch of returned mailers, again.24.Spend another fortune to skip trace and resend the new mailers… again.25.Subscribe to your favorite real estate investing forum and ask people what you are doing wrong.26.Try hard to make sense of their response: “If all this is not working for you, it means you didn’t do it enough, do more (of what obviously is not working), and stay consistent”.27.Get depressed.28.Get yourself together.29.Do it all over again.30.
Joan Garcia Hernandez
Off-Market Marketing Strategies?
19 October 2024 | 3 replies
Any list you can pull for a few bucks has already been hammered by hordes of investors before you.Not saying this way can't work, but I recommend a different path...I prefer to focus on sellers who have a reason to sell but who require some effort and skill to identify.My favorites are #TiredLandlords, namely owners who have filed an eviction lawsuit against their non-paying tenants.Many of these folks are through being in the rental business and are open to hearing about a way out.Even better, #TiredLandlords are ideal candidates for seller financing, since they don't need the sale proceeds to buy another house, PLUS they are already conditioned to receiving monthly payments over a period of time.
Paul Gamber
Do I need a 1031 exchange in my situation?
13 October 2024 | 8 replies
Then when the property is sold, she excludes the entire gain as a sale of her personal residence ($250,000 exclusion) and she then gifts you the proceeds (nontaxable) saving all of the tax with no 1031 cost or deferred taxes.Just sayin . . .
Lia Veit
New investor looking for advice
23 October 2024 | 22 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Carl Richardson
Paying bird dogs as a licensed agent in Texas?
16 October 2024 | 16 replies
The only thing you can safely give them is a "gift" of merchandise not to exceed $50 in value.