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27 January 2025 | 7 replies
I sold my precious business for 1.5M seller carry.
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19 February 2025 | 4 replies
and also like what I do Utilize as STRs: You furnish and list these properties as short-term rentals (STRs) on platforms like Booking.com or Airbnb.Generate Cash Flow: The higher rental income from STRs, compared to long-term rentals, allows you to cover your mortgage/lease payments, generate positive cash flow, and potentially have funds left over for further investments.Positive Cash Flow: STRs often generate higher rental income than long-term rentals, allowing you to cover your costs and potentially profit.Tax Advantages: You can often deduct expenses related to your STR business, such as mortgage interest, property taxes, and maintenance costs.
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10 February 2025 | 21 replies
I still have a hard time understanding how this business model works for them, but perhaps that upfront fee covers for lack of deal flow (?)
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21 February 2025 | 245 replies
Life and business are complicated.
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29 January 2025 | 8 replies
Quote from @Wesley Peixoto: Quote from @Henry Clark: What type of businesses did you do before.
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16 February 2025 | 28 replies
In the last 2 months I was receiving a lot of deals in my email account and I received a "great deal" from a small wholesaler; 2 hours later the same property address showed up in an email from one of the "big wholesale companies" 10k dollars more expensive... the property was gone even before I could call the small wholesaler.I believe both are useful and all of us need to make a living, so I understand their role in this business.
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19 February 2025 | 7 replies
Or like many small in businesses you raise cash from friends family and anyone else that knows loves and trusts you.The other thing I suggest is to make that $27,000 or $37000, or $50000 yourself over the next year.
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16 February 2025 | 5 replies
In addition to real estate, I’m passionate about entrepreneurship and business development.
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5 February 2025 | 18 replies
You can check with the Better Business Bureau (BBB), your state’s department of business oversight, or your local real estate community.5.
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16 February 2025 | 16 replies
I would say my end goals would be some financial independence and also some business knowledge through transactions.