Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
It might be an improvement over TikTok influencers and self-proclaimed gurus, but not by much.
Tove Fox
Residential vs. Commercial Real Estate Investing?
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.
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
Humans are highly influenced by recency bias thus the cash vs equity conversation swings back and forth.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
When you get to rural areas, even in Tuscany, you need to more risk-adverse as the property value might not increase, unless you have another operating business on it like a boutique hotel or vineyard, that you can blast social media influencers to get more people to come.
Carolina Solorzano
Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
I'd say everything else is the consequence of the 2 points above - the weather and the state of economic affairs influences everything else, including safety, infrastructure, the condition of housing stock, etc.
David Hori
Is Pace Morby a Scam?
27 January 2025 | 109 replies
Or did joint ventures with people and next thing you know has $2M in judgments against them, which you can say deals go bad but still have not found someone who made money working with this person... meanwhile they sell $15k training courses.What I would say is the money is made from being a social media influencer.
Hamidou Keita
Seeking Advice on House Hacking Strategy: Buying Single-Family Home to Build Duplex i
5 January 2025 | 24 replies
I actually read one of your posts on this topic years ago, which influenced me to carefully choose the right market.
Levi Perl
When to lower rental listing price?
3 January 2025 | 18 replies
Whatever the reason, it has nothing to do with me, or anything I can influence.
Steffany Boldrini
Seeking Advice: Issues with Jenny Yi, an STR Designer
4 January 2025 | 20 replies
most of these "youtubers" etc social influencers are nothing more than paper tigers.
Shiloh Lundahl
Those of you on the sidelines
29 January 2025 | 40 replies
All I know is that, as CEO of this company, it was really hard watching influencers and 20-somethings race past me, buying dozens or hundreds of units from 2019-2022.