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28 December 2024 | 23 replies
In addition to everything else, I think it's just a cool azz wealth building approach.
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15 December 2024 | 4 replies
My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?
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24 December 2024 | 44 replies
Since this is a long-term investment, it’s still important to prioritize areas with strong population growth and a healthy job market—both are great indicators of long-term potential.
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31 December 2024 | 66 replies
In answer to your question, consider the value of the materials and the likelihood that it could go wrong before taking the approach of buying it yourself.
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17 December 2024 | 22 replies
We not only lost our hard-earned money but on top of everything, our health suffered, I had several sleepless nights due to the stress and anxiety that this horrible experience created for my wife and me.After the buy-back was completed, I approached Maverick to at least help us with our losses by requesting us to give back ~$6000.
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24 December 2024 | 23 replies
Developing that trust with someone you don't know may seem like a challenge, but if you approach it correctly, you should be able to achieve a pretty solid foundation of trust.The best way is to talk to others who have had an experience investing with the sponsor already.
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16 December 2024 | 6 replies
Choose a multifamily or single-family investment approach, consider low cash flow priority, and monitor interest rates and seasonal timing.
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20 December 2024 | 5 replies
Over time, repeating this approach can help you build a versatile portfolio.Good luck!
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20 January 2025 | 57 replies
Case law supports him.I don't even know where to begin with a comment like that, other than I suggest you start building a legal defense fund, to deal with that mistaken approach to contracts.
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12 December 2024 | 2 replies
I’ll be sure to get the survey over to you shortly.I completely agree—it’s always best to approach a deal with a clear offer in hand and come to the table with something rather than nothing.Some people have advised against tying up a wholesale deal first and then scrambling to find the right buyer.