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4 January 2025 | 26 replies
Get listed on all the OTA’s and a direct booking site, use good management software like HostAway, use dynamic pricing software like pricelabs, use WiFi enabled smart locks like Schlage encode, use an email capture system for guests to login to WiFi like stayfi, use those captured emails to do marketing for your direct booking site, and automate scheduling and payments for cleaners and maintenance.
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7 January 2025 | 12 replies
There are so many veterans who have carved nice paths in real estate investing all over the site and as guests on podcasts that you can learn from as well.
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28 December 2024 | 23 replies
To confirm my recommendation ask him for references at his current developments, I bet he won’t give you names and will make up an excuse!
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31 December 2024 | 5 replies
If you are just looking to network I would go the route of meetups locally (you can check above at the toolbar, hoover over forums then to the right you have events and meetups.If you are looking to wholesale and build a list of buyers that fix and flip for deals you may have then I would pull lists from 3rd party sites like Property Radar or propstream.
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3 January 2025 | 26 replies
Good luck, you are a busy man with school, family and baseball.Likely your best bet is house hacking (if your partner and child are willing to share housing).
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30 December 2024 | 7 replies
The owner needs to know you are solid, a good bet.
2 January 2025 | 11 replies
With Google, Yelp, Facebook reviews as well as what is on their site and what type of content they are posting on their social media pages....
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20 February 2025 | 114 replies
Congrats, on both of those deals and, more importantly, on staying persistent to find your niche.Lots of misinformation on this thread.Andrey is not pitching anything or lyingHe is not expecting 30% IRR on every opportunityFinding and vetting trustworthy sponsors is not as hard as non-syndication investors thinkPerforming diligence on sponsors takes years, not hours or daysMany sophisticated LPs perform extensive diligence on sponsors and opportunities that is not discussed on BP (TLO reports on history of crime, bankruptcies, collections, credit, businesses owned, personal residence owned, employment, family members (including phone numbers), even traffic violations...the list goes on)Many LPs leverage sites like Ian's, 506 group, in-person conferences, and one another to analyze opportunities and sponsors together (it's a lot more sophisticated that the "what do you think about XYZ" posts on BP)There are tons of sponsors and opportunities that don't use short-term, bridge financing or max leverageMost are using 5-12 year debt, with inception LTVs in the 70s and year 2-3 LTVs in the 60s (and carry high reserves on top of that)The opportunities discussed on BP are only a small fraction of what's available in the marketPrudent syndication investing is just like anything else in life...it takes diligence and time.
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28 December 2024 | 3 replies
Removing some of the on-site staffing that is not needed 4.
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19 January 2025 | 47 replies
And those who purchase the timber rights then come in, at there own expense, with there own equipment, there own operations, harvest, site mill, do whatever reclamation and then leave.