AJ Wong
Why the new NAR settlement means investors actually need a stronger buyer broker
25 March 2024 | 0 replies
For example above $1M-2M might be capped or vice versa, luxury properties could come with a premium compensation plan since they are more difficult to market and transact. - In competitive markets for hot properties, how the buyer's broker is compensated will have a major impact on the option the seller chooses.
Katlynn Teague
Finding the needle in the haystack
25 March 2024 | 7 replies
But it's pretty easy to find a contractor that is good enough to do the job.If I was looking to do a little lipstick remodel, I have 4 or 5 contractors I could call who would all be a good fit.If I was looking to do a gut remodel, I have another 2 or 3 contractors I could call who could handle that job.When I'm doing a luxury spec, there are 5 or 6 contractors that I'm talking to for bids on those jobs before I pick the best fit.Finding a deal on the other hand... you can't just call up a deal and say you're ready.
Theresa Holl
AirDNA Data analytics for STR investors
23 March 2024 | 10 replies
Then we have 10k sqft 10/12 log mansions. 2k sqft docks with 400 feet of water front (ours has 65).
Andrew Stouse
For those who have already started their real estate journey, how did you start?
24 March 2024 | 11 replies
I currently work for a luxury building materials company and my commute is about an hour and a half each way every day.
Arda Bircan
Short Term Rental Tax Loophole for Physicians
26 March 2024 | 34 replies
You travel in luxury for 20 years, then you die, and your heir inherits those 10+ cash flowing properties that are now completely paid off, with insane amounts of equity, and all those tax deferments fly away into the sky.Oh yea, and that $2000 per cost segregation?
Laura Chotkevys
Platinum Resort Assisted Living and Memory Care
22 March 2024 | 3 replies
Purchase price: $350,000 Cash invested: $600,000 I own and operate Platinum Resort Assisted Living, a 16-bed Memory Care Mansion located in the heart of Georgetown, TX!
Elijah Tisdale
Hard Money Loan - Underwriting issue!
22 March 2024 | 11 replies
The house is the only one left out of a whole neighborhood of mansions that were once in the area.
Ethan Swat
Best markets/locations for golf visitors?
22 March 2024 | 10 replies
The luxury and unique experiences are still getting booked.
Steven Barr
Can’t find profitable fix and flip
24 March 2024 | 27 replies
You either go luxury reno for top ARV or basic reno for lower ARV.