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13 January 2025 | 31 replies
By working for a larger corporation you are gaining an unfair advantage, by letting them train and develop you (while you are getting paid) and you do real estate on the side.This idea is not from me, read RichDad.
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9 January 2025 | 4 replies
Quote from @Jay Fayz: Hello everyone,I've recently been exploring real estate as a potential career path and I'm looking for advice on the best entry-level job to gain experience and knowledge.
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14 January 2025 | 3 replies
Without a doubt, having more experience in the field is valuable.
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19 January 2025 | 269 replies
We can use the original part of the house for rental as well, which is valuable to help use understand the STR rental market better, ie what income we actually get as all we have current is the airbnb site itself and airdna (an airbnb analytics site).In short I think the downside is limited, and this deal with give valuable experience while testing my beliefs that it will make me some money!
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22 January 2025 | 9 replies
Were you just looking to gain your time back?
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16 January 2025 | 6 replies
If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense.
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8 February 2025 | 80 replies
Meaning, TIME, your gaining TIME.
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29 January 2025 | 22 replies
Eventually, I’d like to purchase a single-family home as well.Thanks again for your valuable insights!
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13 January 2025 | 5 replies
Managing your own property and finding tenants is a great way to gain hands-on experience.
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19 January 2025 | 9 replies
That number seems high but the neighborhood was “hot” and houses sold really quickly.What I cared about most was completing my second deal to gain experience.