Hello everyone,We are a design-build company based in Spain and Mongolia. Over the past 7 years we have been seeing increased demand from our clients to use existing design and prefab solutions, so we decided to enter...

I can imagine a STR rental cashflowing as a pure investment under management within the scope of luxury/waterfront rentals. 

i would think should get major bankruptcies soon, luxury condo high rise developments will crash etc. so from that side, real estate should see some major shifts. what some can sense is a NEW NORMAL is forming. self driving cars, zoom happy hours, docusign etc. yes, many people dont work in tech, but those who work in office settings.. this tech enablement has been present for a while and in the future the mantra will be.. well we can have half the size office we had, save some costs and drive up profits.. at least if i had a company like Goldman sachs w 5000 ppl tower, id just cancel half my lease, have 2500 rotate WFH and office and drive down major costs..

A good friend of mine showed me some unsolicited advertising emails he had received promoting the virtues of Bitcoin - two months ago. 

Owning a personal home definitely is a luxury not a necessity.  

For us there is no reason to allow one tenant to cost us more to manage that all others and since we do not have late fees to cover those costs it is most cost effective to only select tenant that will pay on time.Hobby landlords that place no value on their time or money have the luxury of not caring if a tenant pays late.

I hope that changes and I want to buy an investment property.. however, I still have cold feet because the luxury of investing in REITs which are very professionally managed gives me exposure but it doesn't satisfy my passion.

.+1 for luxury vinyl plank.I'm considering doing a dining room to bedroom conversion for my next project.

As long as you have better looking property to look at on your way to brunch.I get that your heart is in the right place but when people try to virtue signal about fixing stuff up to raise up the rents they never consider the impact to people that can't afford nice places.  

I'm purchasing a vacant home from a family affiliate, so I have the luxury of using the renovation loan avenue in spite of the less competitive time constraints.