Andres Rossini
Am I greedy/emotional seller? Revenue=185k Expenses=100K
10 December 2024 | 39 replies
And arguably I think most would prefer a management transfer period as well, I'd say 2yrs, because you've been self-operating so i don't want to fumble around int he dark to sort what "system" has been used.
Paul Merriwether
Has anyone heard of Scott Jelinek and his Slow Flip strategy?
2 December 2024 | 34 replies
Banks also won’t loan less than 50k on a home loan period.
Forest Wu
Any experience with Coach Carson's Rental Property Mastery (RPM) group?
29 November 2024 | 1 reply
But I can't help but think that I could benefit from the occasional discussion about real estate strategies or bounce opportunities off one another.Coach Carson's RPM program details below:Cost: ~$2500/yearBenefits (form Website):Personalized Coaching: Members receive direct support and feedback from Coach Carson and selected coaches, including monthly group coaching sessions, one-on-one "hot seat" calls, and small group coaching within Action Teams.Action Teams: These are accountability groups of 8-10 members that meet weekly over a three-month period to set and achieve goals, fostering perseverance and resilience among participants.Comprehensive Resources: Members have access to a repository of documents, systems, checklists, and more in the community swipe file, including tenant screening criteria, due diligence checklists, and rental analysis spreadsheets.Exclusive Community: RPM offers a private community of like-minded investors who prioritize time and freedom over scaling rapidly, providing a supportive environment for shared learning and growth.The Group Targets:Investors with experience owning 1 to 8+ properties, whether short-term (e.g., Airbnb), mid-term, or long-term rentals.Individuals who are coachable, hardworking, and value time and freedom over aggressive scaling.
Casey Murdie
Podcast Studio, Class, and Membership Lounge Areas
29 November 2024 | 1 reply
My experience, ability to deliver above satisfactory results at an exceptional period of time brought a much appreciated and high value to the deal.
Kadeem Kamal
When to 1031 small portfolio.
4 December 2024 | 8 replies
You can use the 1031 to sell a larger unit that provides better cash flow while minimizing active management.You can either try to cluster those sales together so they close in a way that lets your replacement property be listed on each 45 day period and you close on it within 180 days of the first sale (the first exchange that will expire).Or you could do something like a reverse exchange where your Qi purchases the new property and holds it for you for up to 180 days while you sell all of your properties.
Henry Clark
Belize Teak Plantation
4 January 2025 | 67 replies
Belize 85 and going into low humid and bug period for 4 months.
Jorge Abreu
💰 The Power of Long-Term Thinking & Creating Generational Wealth
26 November 2024 | 2 replies
By understanding historical patterns and market trends, we can navigate through down periods and position ourselves for growth.
Gerald Wallace
Investing for equity
1 December 2024 | 3 replies
I would love to keep it as a rental but at this time I think it would take too long for the rent values to increase enough to make sense Worst case scenario is I have to hold the home for an extended period if the market decreases short term.
Adriana V Alvarado
Invest in Bay Area California? Just starting Out
5 December 2024 | 22 replies
The point is that San Francisco RE is likely to do outstanding overs long hold period.
Michael Anderson
Do we need to update existing leaseto an LLC if we move rental property to an LLC?
1 December 2024 | 9 replies
@Michael Anderson If the property had been sold, it would make sense to formally assign the lease and deposit to the new owner and memorialize an agreement to collect and adjust rents after settlement, indemnify the other party for things arising during their respective ownership periods, etc.