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11 July 2024 | 1 reply
Many options out there for tenant screening trying to implement AI solutions.They can work on MOST Class A and many Class B prospects, but there's a huge dropoff in success for Class C and D prospects.
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13 July 2024 | 22 replies
The good news, it's never too late to learn, implement, fail, fail some more, evolve, and grow into the person you were called to be.
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12 July 2024 | 13 replies
Those skills are acquired through people imparting knowledge that can be implemented into practice.
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10 July 2024 | 2 replies
My savings are falling short after my home purchase so I need alternatives that can be implemented right away (ie I don’t want to wait 5+ years to have sufficient savings to only then invest in rental).Any feedback is welcomed. thanks
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10 July 2024 | 10 replies
Thanks for the tips Eric, super insightful and will definitely implement.
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11 July 2024 | 24 replies
San Diego recently implemented an STR quota and one of our STRs was not selected in the lottery.
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13 July 2024 | 20 replies
When deviations occur from initial business plans in real estate syndications, is there any legal recourse to consider and if so, what strategies does one implement, if any, to help mitigate it?
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12 July 2024 | 17 replies
Source: Insurance - ValuePenguinNo rent control: Some states and metro areas have implemented various kinds of rent control.
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10 July 2024 | 9 replies
Scenario 2 - 9.5% Yield (Multiple notes) vs Stock at 6%:For this scenario we are going to use the same numbers as above the only difference we are going to be buying a new note with all of the money we get after ever year.Year 0 - 12k to buy the note Year 1 - We have 3024.24 (252.02 * 12) Year 1 - We buy a second note 3024.24 at 9.5% for 4 years -- 48 payments of $75.98.Year 2 - 3024.24 (1st note) + 911.76 (75.98 * 12 -- 2nd note)Year 2 - We buy a third note 3936 at 9.5% for 3 years -- 36 payments of $126.08.Year 3 - 3024.24 (1st note) + 911.76 ( 2nd note) + 1512.96 (126.08 * 12 -- 3rd note)Year 3 - We buy a fourth note 5,448.96 at 9.5% for 2 years -- 24 payments of $250.19.Year 4 - 3024.24 (1st note) + 911.76 ( 2nd note) + 1512.96 (3rd note) + 3002.28 (250.19 * 12 -- 4th note)Year 4 - We buy a fifth note and final 8,451,24 at 9.5% for 1 year -- 12 payments of $741.03.Year 5 - 3024.24 (1st note) + 911.76 ( 2nd note) + 1512.96 (3rd note) + 3002.28 (4th note) + 8,892.36 (741.03 * 12 -- 5th note).Total: $17,343.6 While this second scenario does outperform the 6% stock market return, it only give you a 7.64% annualized return while is better, if we implement scenario 2 in a self directed IRA where lets assume they charge you $150 every time you buy a new asset that would technically be $750 less of profit giving you a profit of $16,593.6 and a 6.7% annualized return.
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10 July 2024 | 11 replies
I have seen that law and practical implementation are sometimes different.