Do you have an interest to invest alongside him?

It is important to know that we are all professional investors ourselves actually investing right along side our investors. 

NOI is roughly 8k per yearMy idea was that property values are so high right now that finding another property for the right price would be difficult: that alongside the long-term appreciation value for a waterfront property.  

The idea is that we would all help with the remodel alongside the contractors, I would manage the property, GC the property, and I have already closed the deal on the property.

And I don't know what Vegas you are looking at but everything I see today is that Vegas was moving more towards being a family-friendly place, along side the traditional adult get away.

I bought this alongside the other, so same story as the last... as early as 12 perhaps, my mother - who is a Korean-American immigrant - engrained in me two defining principles that have literally guided me to the here-and-now:1 - Invest in real estate2 - Work for yourselfSo that's what I decided to do at age 20 as a college-undergrad who didn't feel as if the traditional path of Bachelors Degree - graduate - Masters Degree - graduate - 9-to-5 until retirement was the route for me.

My name is Kelsey and I am just beginning my journey in the real estate business alongside my husband Michael.

Although he was new he understood what it opened him up too and pushed back alongside us!

I have been woking along side my father (carpenter) for years. 

Here’s why:1) Risk Reduction - for a typically small cost in terms of time and money you can gain a ton of context about an area and the surrounding areas that will help you to reduce the risk of getting into a poor investment2) Relationships - you can leverage your time there to meet with local market participants like property managers, brokers, other investors, contractors, potential tenants etc.3) Business expenses - you should be able to deduct the cost of the trip as a business expense4) Context / Perspective - you simply get better context and perspective by being there is personI don’t mean to say that you can’t do OK by investing remotely but I am 100% certain that you will get outsized benefits from visiting your assets periodically and definitely initially.When I invest in multifamily deals I always visit the area, the comps and the asset itself, this takes time but because we buy 100’s of units at a time it is an efficient use of time.I’d also be wary of anyone who isn’t personally invested in a deal alongside you telling you that you don’t need to visit, particularly if they get compensated by you making a transaction.Investing out of state allows us to find the best returns but don’t be mistaken into thinking that you shouldn’t plan on spending time in your target market.