Sharday Moser
Family Compound: Primary Home and 4 Rental Homes on a Lake
19 September 2024 | 0 replies
We needed a larger home for our family, that would be functional for multi-generational living with our kids and our parents.This is our forever home family compound, so we have no intention to sell and hope to continue improving and creating new streams of income from the property.How did you find this deal and how did you negotiate it?
Sharday Moser
Family Compound: Primary Home and 4 Rental Homes on a Lake
19 September 2024 | 0 replies
We purchased for $95K, we put about $50K into it, it's currently rented for $2500/monthHouse 2: We purchased for $95K, we put about $80K into it, it's currently rented for $3500/monthCurrently working on finishing the rehabs for the remaining two houses.This is our forever home family compound, so we have no intention to sell and hope to continue improving and creating new streams of income from the property.
Joey Sabatini
Next best step to early retirement
20 September 2024 | 7 replies
@Joey SabatiniThe Bay Area offers various financial options, including purchasing an Attached Dwelling Unit (ADU) for rental income and long-term appreciation, investing in rental properties elsewhere for flexibility and stronger returns, and investing in short-term rentals for higher returns but more management and regulation risk.
John McKee
New rules for real estate commissions!
19 September 2024 | 8 replies
Nobody really knows how low they'll go but I agree with predictions of 20-25%...and I wonder what Agents are doing to make up that delta in their revenue.We diversified well in advance knowing we needed to create additional streams of income, ideally by simply focusing on what we control, the size of our roster, and more effectively monetizing all of our current transactions.
Don Konipol
Customers You Should Avoid
22 September 2024 | 11 replies
For one thing there are no tax cert sales on the west coast save AZ.. but people streamed back to put their CC up to take the advanced course.. nothings changed since I went to my first one of these in the 80s..
Sean Osborne
Best US state for Canadian investor
20 September 2024 | 17 replies
If you're seeking a reliable income stream, checkout Cleveland.
Jeff Costa
Why is there no alternative to Paperstac?
18 September 2024 | 13 replies
Zillow itself is diversified across multiple revenue streams (Zillow Premier Agent, Zillow Rentals, Zillow Home Loans, and data APIs).
Helene Goodworth
Another potential deal that I am trying to figure out
22 September 2024 | 22 replies
While I appreciate your advice, I may be better suited to follow it once I have a more consistent revenue stream and better connections.Thanks!
James McGovern
Should Real Estate Agents who are leaving the Industry become Wholesalers?
18 September 2024 | 10 replies
Once we get through this high-level conversation, we can determine if wholesaling is the right activity to leverage to build your ideal stream of income.
Tomoko Hale
STR related questions
18 September 2024 | 19 replies
Even if you occasionally get some college kids who wouldn't mind, that won't result in a steady stream of renters.