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24 January 2025 | 42 replies
Sounds like a pretty easy way to get in over my head fast, but at the same time, it seems like an opportunity to pick up a property WAY under market value and there theoretically should still be plenty of meat on the bone.
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23 January 2025 | 165 replies
"you sure do got a pretty mouth...."
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25 January 2025 | 15 replies
Ultimately I found that to be pretty disrespectful of my time.
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13 January 2025 | 12 replies
Pretty cool.You probably won't find this type of home in Florida or anywhere where the water table is high.
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16 January 2025 | 3 replies
From what Im experiencing its been pretty slow as deals are not giving my investors enough spread.
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19 January 2025 | 51 replies
Cozy is simple and pretty streamlined, but feels limited.
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23 January 2025 | 14 replies
I have however feel victim to some pretty steep bills for property taxes.
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17 January 2025 | 3 replies
The area has certain advantages like shelter from regulation risk (pretty much as low as anywhere in the country if you buy in the approved STR tourist zones) and long term security (people aren't going to stop going to Orlando anytime soon).
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27 January 2025 | 56 replies
Colorado is pretty dependent on tourism.
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22 January 2025 | 10 replies
@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.