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18 December 2024 | 8 replies
After numerous unsuccessful attempts to secure a deal to cohost, I’ve decided to adopt a new strategy. Could anyone provide guidance on how to obtain the contact information of an underperforming host on Airbnb? I und...
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26 December 2024 | 5 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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4 January 2025 | 23 replies
though everyone at the closing could not believe that I was only 19 years old and buying their first duplex it made me feel really special and and good knowing I was performing better than anyone near my age group.
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29 December 2024 | 11 replies
For example, Clearwater FL (famous beach and Phillies Spring Training) does have a 30 day minimum on rentals, making it essentially impossible to have an investment perform well.
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30 December 2024 | 15 replies
Unfortunately Good Cause Eviction passed last night in the city of Rochester, NY.I want to thank Council Members Lashay Harris and Michael Patterson for doing the right thing and voting “NO” on this largely performative legislation…that will only TEMPORARILY protect a small handful of city residents living in EXTREME under market rental units…But it will have broad and adverse negative consequences for the WHOLE community.
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21 January 2025 | 59 replies
I openly share the historical performance of my Detroit rentals for anyone interested.
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23 December 2024 | 7 replies
@Randall King If you find the property isn't performing well, a 1031 exchange would defer the tax and concentrate that equity into something that has a greater cash flow potential, like what @Corby Goade said.
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23 December 2024 | 5 replies
Personally, I love them because they offer built-in diversification.In my experience, local banks are your best bet for financing mixed-use properties.
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24 December 2024 | 6 replies
Immediately, I performed a Roth conversion, and instead of paying taxes on $50K I'm paying taxes only on $21K.
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7 January 2025 | 16 replies
Even at $60,000 a unit - that is a $1.2 million deal... and realistically I bet they will be over $100,000 each... all just a guess... but when you get into these price points and you are "new to real estate" as your title in your post suggests - I think you are probably getting in over your head for a first deal.