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17 April 2024 | 7 replies
I don't do physical work on the property, but I do detailed design plans, and select and buy all the materials.
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17 April 2024 | 3 replies
I, too, aim to be as accommodating to residents as possible.However...For my own liability protection and personal sanity, I'll only schedule our group viewings for when the resident can be physically present.For one thing, I'm a digital nomad (currently living in Colombia), so I'm likely never going to be conducting their viewing myself.But mostly, I don't want a resident claiming that some priceless heirloom went missing or got damaged after holding a showing in their absence.We'll pick a convenient time, typically 1 hour on a Saturday afternoon, and set appointments for up to 6 pre-screened buyers to take a look.
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17 April 2024 | 5 replies
The primary challenges would be about the safety of settlement transfer for a physical currency transfer (like gold) and the specificity of timing and valuation of transfer in digital assets.
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17 April 2024 | 39 replies
What digging I've done has been in valuing professional services practices (same issue: owner does the "labor", has client loyalty, etc.) as well as medical practices (patients loyal to a doctor more than a physical address).
16 April 2024 | 5 replies
However, if you have a distressed home, physically or financially, then they may be your best option for a quick close besides a flipper like me.Good Investing...
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17 April 2024 | 17 replies
I get frustrated because most people a) don't stick with this and try to learn it... trust me its easier than first year college physics... but it will take you a few times to get it and after networking with real people doing this or b) they say its seems risky and listen to their lazy/ignorant CPA who by the way has been stuck in they same occupation for 20-30 years... why would you want to take financial advice from someone who is not financially free.
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17 April 2024 | 22 replies
Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where you think we are in the real estate cycles (financial and physical market cycles)b) Then only then pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.
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16 April 2024 | 16 replies
You can use it as a general guide, but the single best way to understand fair rent is by physically mystery shopping your competition.We typically get higher rents than average and consistently more than rentometer or Zillow would suggest, but we are also offering a nicer product.
15 April 2024 | 0 replies
I have explored a variety of online and physical side hustles, but now it's time to transition to brick-and-mortar as I build towards my dream of creating my own private equity firm.I am officially closing soon on the acquisition of an absentee gas station and laundromat business.