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24 December 2024 | 4 replies
So if I am looking at an asset as a 10 year play - I look more at the location, schools and how has this market performed in the past excluding covid and 2008 which were extenuating circumstances.Reality is right now shorter term plays do not work based on numbers and cost of financing - we went through this same thing in 2001-2004ish timeframe where properties would appreciate 2-3% per year and after buying costs and closing costs - you were not making money on assets unless you performed the labor or found a really good deal.this is how real estate "typically" is - which is why everyone always says location location location - because after a decent holding period, you will win.
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29 December 2024 | 17 replies
Your expertise, experience, and intuition in real estate play a crucial role in making a good deal happen.
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2 January 2025 | 50 replies
If it is a working STR, that really plays no part in the sale of the property.
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28 December 2024 | 8 replies
I had a vision that myself, my friends, and this contractor would from a team and we would have our parts to play.
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2 January 2025 | 25 replies
You don't want to play a plumber so that your guests can have water?
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6 January 2025 | 77 replies
I don't think it's the end of the world @Jonathan Greene...if it still helps someone learn something new there is at least some positive.In my opinion, those trolls will get seen for who they really are in the long run, so it is just a short-term play...that I don't know is worth worrying much about.I'd rather someone say, "Here is a question we often get asked as a general contractor: how much does it cost to dig down a Chicago basement?
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5 January 2025 | 17 replies
I’d recommend building relationships with agents and accountants familiar with these markets too—state-specific tax strategies could make a big difference in your bottom line.I’m excited to see how this plays out for you!
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19 January 2025 | 61 replies
When you have won the game, it's time to stop playing."
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28 December 2024 | 7 replies
I completely understand your point about pricing adjustments driving faster leases, but my experience has shown that other factors play a significant role in a rental's performance over time.For example, I own three rentals with very different dynamics:1.
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3 January 2025 | 18 replies
Not sure if you’re closer to Randolph, Lackland or Ft Sam Houston but this also plays into account on what rental amount you should look to achieve.