
9 January 2025 | 18 replies
Having a strong understanding of your "walk away" price (maximum you're willing to pay) gives you leverage and prevents emotional decisions.

6 January 2025 | 25 replies
That being said, if I were the tenant, I'd say they were emotional support and then NOTHING can be done.

5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.

4 January 2025 | 9 replies
I’ve also seen success with titles that create an emotional connection—something like, ‘Ultimate Family Escape with Stunning Views!’

4 January 2025 | 14 replies
It's an awesome way to jump into RE yes its scary at first but as long as you have a criteria going in it eases some of the emotions during the process my biggest thing was lower my cost or keeping it the same.

4 January 2025 | 12 replies
Because someone looking to live in the property will pay more because it's usually an emotionally drive decision.

2 January 2025 | 37 replies
A deal killer has no emotions.

5 January 2025 | 24 replies
Emotion attracts that.

2 January 2025 | 18 replies
Is anybody able to find renters without pets and is there a way to handle the emotional support animal situation.

3 January 2025 | 40 replies
When you take all five together they should paint a picture, but I also mentioned your gut is important (not your emotions).