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30 October 2024 | 2 replies
You’ve joined a community rich with knowledge, resources, and people eager to help each other succeed in real estate.
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30 October 2024 | 6 replies
You’ve joined a community rich with knowledge, resources, and people eager to help each other succeed in real estate.
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30 October 2024 | 4 replies
You’ve joined a community rich with knowledge, resources, and people eager to help each other succeed in real estate.
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8 November 2024 | 38 replies
Being at a slight operating profit or break even is completely fine with my though as I'm not looking at this as some get rich scheme, it's a long-term investment.Based on this, I'm looking now more into getting a more utilitarian STR targeted at business travelers where the goal is similar to my LTR's, getting long-term appreciation and mortgage pay down and making enough cash flow simply to cover repairs.
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1 November 2024 | 9 replies
If you are someone who is devoting energy to promising people riches, then taking them for $10's of thousands of dollars, you should be exposed for what you're doing and you should also stop what you are doing immediately because you are a drain on society and your soul will thank you for stopping in the afterlife.My point here is that not only is this tactic effective on people who are strong and intelligent, but it is also effective for people who are weak and desperate and that is the real issue.
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4 November 2024 | 17 replies
(Goal would be to generate revenue to reinvest and further the business towards consistent lead generation)The goal here isn’t to get rich or even to close 3 deals per week—or even 3 deals per month.The goal is to set up your business to get your next deal after your first deal, right?
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28 October 2024 | 3 replies
Real Estate is the long game, not the get rich quick theme we hear on social media.
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6 November 2024 | 54 replies
If too many people are ignoring the data, why wouldn't you be quiet about it and pay attention to it yourself, and become insanely rich from it- and sit back on your private island and laugh at all the fools who ignored it while you drink Pena Coladas From a deck chair in the sand???
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30 October 2024 | 15 replies
jdcu- bo stevensgfa cu- Brian rumowskiwinter hill- rich vernettwebster first- bryan regale All good places to start
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30 October 2024 | 35 replies
It goes deeper than that.NYC Liberal policies, including strong tenant protections, increases the risk of failure so much that the risk far outweighs the rewards.Financial ruin is just around the corner for the small Mom and Pop Property Investor that it doesn't make sense for them.The Tenants will have free Attorneys that are bent on delaying eviction cases so long that it stretches into years while Mom and Pop suffer from lack of rental income and still have to pay all the bills and do the management.Additionally, the increase in homeless living rough in the streets due to Sanctuary laws causing a lack of shelter beds, then evicting shelter residents after 30 days creating more homelessness, policies that tie up the Police's ability to arrest perpetrators, etc. only causes Mom and Pop to sell out at large discounts to larger Landlords who are capable to use Economies of Scale to eek out a profit.These larger Landlords will eventually turn a much higher profit as the pendulum will eventually swing towards the middle when the NYC Voting population eventually realizes that it's not a conspiracy of the Rich that's causing the Wealth Gap to increase.It's the same liberal laws that encourage people to become lifelong tenants, small Entrepreneurs (including Property Owners and small Mom and Pop Businesses) to be destroyed, and Rents to rise astronomically as housing becomes scarer even when the population declines by as much as 7% in the last several years.