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21 February 2025 | 13 replies
Quote from @Cristiana Rios: Hey Duane, I’m Cristiana, and I’ve spent the last 10 years building and leading teams in the short-term and mid-term rental industry across Airbnb, VRBO, Furnished Finder, Booking.com, and 20+ other platforms.
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20 February 2025 | 8 replies
The information shared is based on my experience and industry knowledge and should not be considered tax, legal, or financial advice.
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20 February 2025 | 8 replies
@Chani Walker These fees are consistent with the industry norm.
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19 February 2025 | 1 reply
In the next 5-10 years, I plan to leave my current industry and transition to real estate full-time, so I’m especially interested in how this could impact that goal.Current FinancialsRoth 401(k) Balance: $105KContributions: $79KEarnings: $23.5KSalary: $109KContributing 6% annually ($545/month), with a 100% match for the first 3%Investment Growth Assumption: 8% per yearCurrent Rental Cash Flow (Pure Profit After All Expenses): $7,500/month (9 units)Potential New Property Cash Flow (Pure Profit After All Expenses): $1,300/monthCurrent Real Estate Portfolio Value: $1.4MAfter New Property: $1.7MWithdrawal Breakdown ($60K)Tax-Free Contributions: $45KTaxed Earnings: $13.4KWhy Only $13.4K Is Taxed and PenalizedMy Roth 401(k) balance is made up of:Total Balance: $105KContributions: $79K (75.24% of total)Earnings: $23.5K (22.38% of total)When withdrawing, the money comes out proportionally from contributions and earnings.
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9 February 2025 | 2 replies
I know this industry may be hit or miss, but if anyone can drop any kind of advice that would be great!
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18 February 2025 | 8 replies
If they think it should or should not include certain SF then they need to adjust the lease rate they're willing to pay, or revise the leasing exhibit/description to match their expectation of leasable SF.On Wed this week I did an industrial outdoor lease exhibit for 3 Ac gross on a larger 20+ acre site.
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6 February 2025 | 7 replies
I am near the Nashville area so I am on the same boat upon learning more about the real estate industry, welcome!
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10 February 2025 | 30 replies
Along with that, there's been a solid amount of industrial activity, particularly near Riverport and the Bluegrass Commerce Park, due to a strong presence of manufacturing companies in Louisville.
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16 February 2025 | 4 replies
Thus creating a monopoly that I don't know how to get out of.I've worked years in this industry from the PM-end and never seen anyone try to bill a percentage off the security deposit and, though a little digging is showing me it CAN be done, it seems like bad business.
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19 February 2025 | 171 replies
Grocapitus had an ephipany about industry standards?