Hi Prasit,To transition from agent to acquisition manager, here’s the quick path:Leverage Your Agent Skills: Use your market knowledge, negotiation experience, and connections to find and analyze deals—key acquisition manager skills.Wholesaling Experience (Optional): Wholesaling can help build your deal-finding and analysis skills, but it’s not necessary if you can transition directly using your agent background.Training: Consider certifications like CCIM for commercial real estate or courses on platforms like BiggerPockets to sharpen your acquisition expertise.Network: Connect with investors or real estate firms to gain insights and potential job opportunities in acquisitions.Let me know if you need help with financing as you move forward!

With years of experience in this unique market, I've had the pleasure of working with a variety of investors, helping them maximize their returns while providing unforgettable experiences for guests.The Poconos has seen tremendous growth in the vacation rental market, thanks to its year-round appeal, driving proximity to major cities, affordable property prices, and diverse attractions.

Now that the market has turned rather south, recency fallacy tells us "short term rentals won't make money anymore, because they didn't this last year."  

Waco’s housing market is heating up—what strategies are you using to find undervalued properties before they hit the open market?

It will limit the number of people who are interested in your property and you may end up having to rent it to lower quality tenants and / or below market rent. 

The basics are I would rent a number of units from the syndication LLC, would be responsible for management and expenses (ie utilities), and then I would keep a portion of the profit (basically my upside for managing the mid term rental units) and the other portion of the profit would go to the syndication LLC which now gets over market rent.

There's open lawsuits coming from my market here in Indy.

I have been able to find companies that will cover real estate portfolios on one policy in other markets but no luck in the Florida market.

The flooring retailer is the latest in a growing list of companies forced to shut down due to changing market conditions, rising competition, and the lingering effects of the COVID-19 pandemic.The company’s financial struggles began after the pandemic-fueled home improvement boom fizzled out.

I had one conversation with a CRE lender and she indicated that CRE cash-out refinance is not really available these days given market condition.