
7 February 2025 | 5 replies
.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rental unit.• I was able to keep it well occupied and leased throughout 2024.• I sold the condo unit in late 2024 for a nominal profit.That brings us to today.

26 January 2025 | 8 replies
I looked at their booking calendar one time and thought it was pretty empty.I guess you don't know until you try...and probably depends on if you want high occupancy or high rate?

14 February 2025 | 37 replies
But lowest risk with conversely high returns might still be worthy to try.

19 February 2025 | 32 replies
Some general pros v cons - I'm sure other people will provide other insights as wellPros: -Above market rents- Monthly rent payment on time that you don't have to worry about or chase anyone down for (if full pay)- No shortage of tenants depending on your standards - Tenants are incentivized to not trash/destroy the unit, otherwise they'll lose their voucher (Yearly inspections made by local S8 inspectors to keep everyone honest- Rental payouts are normally adjusted 1-2 times a year to keep up with market rentsCons:- May take a little while to get onboarded - dealing with local govt can always take longer than expected - Generally won't have a super high credit score (to be expected given it's the govt paying for rent)- Each unit will need to be inspected and meet a certain living standard in order to be approved for fundingYou'll want to make sure you work with a property manager who has extensive experience in working with S8.

26 February 2025 | 11 replies
I also feel $1,000 is a bit high to set up an LLC and QuickClaim a property.

3 February 2025 | 4 replies
@Samuel Coronado - the challenge is that there will likely be a very small number of renters looking for a house that size, as well as that can afford a rent amount that high who won't just buy otherwise.

31 January 2025 | 2 replies
If you want to manage your own properties, I would highly recommend buying within an hour of your primary.

12 February 2025 | 27 replies
Well, I wouldn’t go that far, people throw that word around too much these days but I would say they made a lot of promises that they haven’t kept and paint a very unrealistic picture with an extremely high pressure sales scheme that does a disservice to the vast majority of their students.

2 February 2025 | 20 replies
During the peak season you have to make your money when the slow season is so much less.I do have events where the prices are expected to be high due to supply and demand.I do see some of the dynamic pricing days as being rediculous and your going to miss out on the early bookers looking for a fair price.

3 February 2025 | 1 reply
.⚠️ Beware of these red flags:🚨 Bad partners who don’t communicate or operate ethically🚨 Financial arrangements that don’t make sense🚨 Risk levels that are too high for the returnIf ANY of these ingredients are bad, walk away—even if the deal looks profitable on paper.🚀 Lesson: Part of a good deal is better than 100% of no deal, but 0% of a bad deal is better than any piece of a bad deal.Final ThoughtsToo many investors make the mistake of wanting 100% ownership and control—but they forget that it’s better to own part of a great deal than to own nothing at all.🏡 Real estate is a team sport—and the investors who understand this scale faster, learn more, and build more wealth.Discussion Questions for You:1️⃣ Have you ever walked away from a deal because you wanted 100% ownership?