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15 February 2024 | 23 replies
I have found that rather than hire a “professional” property manager, (although I have had great success with just such in one instance, and a very bad experience in another), find someone with experience in property management who desires to build long term equity.
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15 February 2024 | 2 replies
Growing your network and Agent business is definitely a contact sport.
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15 February 2024 | 18 replies
more than likely it will not help as you hope.assuming you are not low income or a RE professional, you are limited in the losses you can take from LTR losses against w2 income in any year.
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15 February 2024 | 6 replies
Consider how each option aligns with your goals for passive income and wealth building.Lifestyle: Consider your lifestyle preferences and how each option aligns with your current and future plans.Risk Tolerance: Evaluate your comfort level with the potential risks associated with each option, such as market fluctuations, property management challenges, or regulatory changes affecting Airbnb.Financial Adviser: Consult with a financial adviser or real estate professional who can provide personalized advice based on your specific financial situation and goals.Ultimately, the best option for you will depend on your unique circumstances and priorities.
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14 February 2024 | 26 replies
You can have older economy properties (under 5MM) professionally managed however the numbers don't generally pencil out (main reason why they trade based on a multiple of revenue).
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14 February 2024 | 1 reply
What professionals did you use to set up your STR business?
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16 February 2024 | 21 replies
@Johnson Best By working with businesses who need housing such as agencies that place traveling professionals, insurance relocation companies, and local businesses who need housing to for their summer interns, for example
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15 February 2024 | 5 replies
Do you have to be a “real estate professional” to qualify?
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19 February 2024 | 145 replies
With enough networking, you can definitely find such folks, and it could be very profitable.
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13 February 2024 | 1 reply
Here are several strategies and platforms that might help you in your wholesaling journey:Local Real Estate Investors Associations (REIAs): Joining a local REIA can be a great way to network with other real estate professionals, including wholesalers, rehabbers, and landlords.