Declan Kaster
Talk to me about online presence
23 September 2024 | 6 replies
If by real estate business you’re implying you have little or no money to invest but are contemplating using one of the guru inspired methods (subject to, “wholesaling” , fix n flip) to create cash flow, I’d encourage you to do research on the true success/failure rate of people who engage in these endeavors, the amount of money the successful operators spend monthly on marketing, and the real time commitment and knowledge and experience necessary for success.
Adi Prasad
Seller Financing Advice
24 September 2024 | 8 replies
Preferably, you or the seller have a method that can be set to autopay to make both of your lives easier.Hope it helps!
Mike H.
Is right now one of the worst times to be a real estate investor?
27 September 2024 | 66 replies
But they'll cash flow even with property management and I can pull most if not all of my money back out on the refi because of the LTV.So I guess this is the right method for me to be pursuing right now.
Justin Brin
Will you rent your house for short term rental arbitrage?
22 September 2024 | 41 replies
The other way is called the Enemy Method, where you go to Airbnb and Vrbo, look at your direct competitors, and figure out how full their calendars are, at what prices, keep a tally of their income, and make a guess as to their yearly gross.
Saad Munaf
Pros & Cons of Replicating a Successful STR?
21 September 2024 | 13 replies
I'm using the ENEMY method, AirDNA, Mashvisor, Revedy, and Pricelabs for comps and analysis.I was able to select the market and community that is marketed as vacation rental homes and most of the houses are set up as STR.
Becca Pariser
Baseline or Relay for banking?
24 September 2024 | 14 replies
I have my accounts set up in the "Profit First" method by Mike Michalowicz, and so far, things are going great!
Melissa Lapinski
Owner of Record; Parcel ID?
24 September 2024 | 22 replies
I have found lots of heirs with that simple method.
Josh Young
Buy and Hold "the best strategy for building long term wealth"
24 September 2024 | 7 replies
As your real estate empire grows, consolidating loans into one could offer better terms and streamline management.Overall, your method of buying, living, and then converting properties into rentals is a strong, scalable strategy for building wealth.
Aaron Buehler
How accurate are STR revenue generator websites?
20 September 2024 | 17 replies
Google and use the enemy method.
Rene Hosman
Do you put extra money toward principle or invest that money elsewhere?
23 September 2024 | 5 replies
So I made a compromise with myself, instead of putting that $100 directly to my principle, I'm opening a brokerage account that will have $100 deposited into it automatically every month and invested in index funds using dollar cost averaging method.