
21 November 2023 | 5 replies
I'm many years your senior, and so maybe this is more like what I wish I had done when in your situation.I have one investment property now, which had been my primary residence when I bought my current house.

30 November 2023 | 2 replies
As in all things in life (like choosing a spouse)for instance, it's incumbent upon us to examine our individual personalities regarding whether a proposed partnership would be a good fit or a disaster in waiting.In 2007, when I lost more than $130,000 in the stock market,I learnt a permanent lesson that stuck with me till today.I discovered that I was a control freak.I needed to always know how my actions directly related to my results, and most often like to retain the ability to change my mind even if others would find such reversal a stupid idea.Seeing how much control I didn't have on how my stocks performed in 2008 despite all the information I had consumed for several months regarding value investing and how to analyze a company's fundamentals scarred me for life.It made a real estate investor out of me.The safety and assurance that I was taking sole responsibility for the calls i made and the risks I decided to take was a calming refuge.Having been a Pro-member on BiggerPockets for as long as I've been has its perks.It gives one a front row seat to see in slow motion the interesting evolution of the component parts that make up this mammoth industry.I watched in amusement as one member arrived as a total newbie in 2018 with a welcome post, voraciously consuming unsolicited counsel on the member forums for a few months and then posted a "success story" of his deals after 6 months.Within a year, he had his own podcast and is now buying large apartments as a syndicator pooling investors' money.To be clear, this is not a hate post.I certainly do not begrudge people "crushing it" in record time.Nonetheless, as a 'senior' member of this community who has seen this movie before,I do feel a lonely cautionary voice in the wilderness is needed at this point.We are in an environment of unprecedented cap rate compression and record low interest rates which is only headed in one direction after this is all over.Yes, make no mistake, the music will soon stop.That has very little to do with an upcoming election and is regardless of who wins the White House or who controls congress after November.If you've listened to Kevin Bupp and Rod Khleif, you know what happened to their portfolios in 2008.These were no amateurs, as a matter of fact, they had many years of investment experience when the music stopped.They both weathered the storm and came back stronger and that is why I remain a shameless fan of both men till today.Several others were not that lucky, and you will never hear their names.In this space today, there are investors and there are educators.The educators have taken over the habitat.That is why there are now more podcasts on real estate than I can get through in a working week.Real Estate education is so very lucrative now that it is possible to make way more money from podcasts and books than in actual real estate investment for some gifted marketers with smooth tongues and gifted content creators.We are in the information age after all, and youtube millionaires are now perhaps outpacing patient real estate buy and hold landlords in the passive income/ cash flow game.Belonging to a $25,000/year mastermind and attending a syndication bootcamp does not insulate anyone from catastrophe.

2 December 2023 | 4 replies
Looking for feedback from investors in Senior Living Fund in Olathe KS

4 December 2023 | 1 reply
I'm new to this forum, seeking help from anyone who might have pursued the same situation I'm interested in.I'm a US citizen, residing in the UK.

3 December 2023 | 0 replies
.- Growing interest in niche assets like student and senior housing.Necessity-Based Retail Property:- Retail sentiment improves, especially for grocery-anchored developments.- Neighborhood shopping centers are highly ranked for investment prospects.- Focus on retail properties serving communities with strong population growth.... but less optimistically, they describe the Canada’s real estate sector as "facing the years of the great staring contest”, with capital availability being a challenge across the board.Personally, don't have a strong view on industrial (not generally my focus), but for multi-family and small/local retail, this broadly does align with my view.

3 November 2019 | 3 replies
The best way to find them is to send out mailers.Some good lists to target are Absentee Owners with Equity, Seniors with Long-time Ownership and Homeowners with Low Financial Stability Scores.You can work with a list broker to optimize your list for your area.

21 September 2023 | 6 replies
>I would say, as a general opinion/political/policy statement, that while it's good for us individual investors, it's generally not best for the public at large.I strongly agree with this statement in general (I like as an investor, I dislike as a citizen), I will say splitting exiting multiplexes into two parcels is less impactful than many of the items that the various ordinances to address the housing crisis allows.
11 January 2024 | 6 replies
If they are a non-US citizen you probably don't have a lot of recourse to get them to pay after they move out.

27 January 2017 | 34 replies
Our target demographic is seniors, so we put stand up showers in our units.

21 January 2024 | 0 replies
I am currently a senior at James Madison University and planning to graduate in May 2024.