
29 January 2025 | 107 replies
We are only very moderately leveraged, but I am in no rush to change that and rather use the cash flow to re-invest either into upgrades (we are doing a ton of driveways this year) or more RE.I don't think there is a right or wrong way, like you said there are many different ways, I just find myself adjusting every year a bit more in that direction. most condos historically are not great appreciation plays. its a place to live and enjoy.. unless said condo was bought in Miami in 2008 to 2010 :)No $#@% mate.And Chicago has been a disaster for many years now.I pinged Bri about it a while ago and she said "Good luck" hahaI guess it's more a trophy property than anything else during my "ego" pumping days.A bit older, balder and smarter nowadays I guess.Less is more mate lol

17 January 2025 | 24 replies
@Brian EastmanI agree that we have thoroughly enjoyed working with them and they were great to deal with.

27 February 2025 | 316 replies
This is the norm on the forums...not the norm for sophisticated LPs (who perform credit checks, run TLO reports, track sponsor performance over years and decades, have attorneys review PPMs, review PPMs and OMs and discuss them with peers, negotiate more favorable LP terms for investing at scale with a group, have access to institutional opportunities that have minimum investment levels in the millions, validate rent rolls with comps, validate purchase and exit cap rate assumptions, analyze rent and exit cap rate sensitivities on IRRs, analyze submarket demographics to validate revenue, analyze the sponsors total portfolio risks rather than just the deal, understand the debt terms thoroughly and have a conscious position on what debt fits the LPs risk profile...the list goes on and on and it's not a checklist approach / it's investment analysis that requires qualifying the property based on extensive knowledge of the asset class and additional work qualifying the sponsor.

13 January 2025 | 31 replies
I just feel kind of lost still because I work a 9-5 job that I don't enjoy and am no longer learning in and would rather use that time learning more about real estate investing, etc.

4 January 2025 | 12 replies
An experienced agent will list your property with the language, "no showings until an accepted offer", to avoid violating your tenant's rights to the peaceful enjoyment of their home - possibly resulting in their lack of cooperations and a lawsuit against you.

21 January 2025 | 74 replies
It is offered through Awesome REI-Patrick Riddle(another awesome team and distant Mentor of mind) I enjoy their style of teaching because of their honest, straight-forward, and experienced no fluff.

9 January 2025 | 116 replies
I have now replaced my old corporate job income and expect to make over $70k cashflow off of my 31 unit portfolio while also having the time I want to be able to enjoy sailing, camping, hiking, and hunting.

6 January 2025 | 11 replies
I just moved from McKinney, we were there about 7 years and enjoyed it

3 January 2025 | 7 replies
I’ve hit my financial goal and can quit buying houses. 2025 goal: pay off my last two 401k loans I used to buy a couple houses and enjoy a second home we just bought for ourselves in November.

30 December 2024 | 5 replies
Property management is not for the faint of heart, so glad to see you're enjoying it and thriving.