17 June 2019 | 9 replies
Also if you are a nonaccredited investor, there are additional options beyond hoping that a 506B sponsor will accept you into a deal (many will not take non-accredited investors at all, and those that do generally have a very limited number of spots versus what they can accept for accredited investors).Crowdfunding is essentially a syndication that is done online and the SEC approved regulation A+ which allows nonaccredited investors to invest in certain offerings.
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11 July 2019 | 3 replies
Hello Everyone,I would be interested if you could share your experiences about doing short term rentals such as AIRBNB etc in SOUTH FLORIDA around the Miami/Fort Lauderdale Area,mainly interesting in the numbers to compare with a traditional yearly tenant,I know you need to check for zoning restrictions,that a manager eat a bit of the cost and that doing it yourself is pretty demanding and stuff like thatBut it really is the return you had that interests me and to know if you would switch to something else or doing it again,I see tons of beachfront studios in the fort lauderdale,hollywood,sunny isles etc available in the 100K range that seems to be more like Hotel rooms,but if you get a constant traffic with very little vacancy it seems it could definitely makes sense doing it and tempting the adventureThanks to everyone
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18 June 2019 | 5 replies
Although I cant speak from experience, Im in the same spot as you right now but I can give you advice on what I know.
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14 June 2019 | 1 reply
Can anyone recommend a book or local spot here in the Houston/Woodlands/Conroe area where I could potentially find likeminded people that know about wholesaling?
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14 June 2019 | 6 replies
So based on what you’re saying, outside of being able to do a spot inspection on the walkthrough and pay with cash, there’s nothing else i should really be too concerned with?
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15 June 2019 | 20 replies
So you have lessened your risk when bad sh*t happens since you own it outright.But you have restricted your ability to expand, and scale because the $$ is all in your house....lower risk but lower returns......The "sweet spot" is to leverage enough to maximize your returns, but not enough that when bad stuff happens....and it will..... you don't collapse under all that leverage.
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16 June 2019 | 16 replies
The bottom line is they told me where they could build it and then put it in a different spot without my approval and multiple attempts via voice call and email for them to cease and desist
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9 July 2019 | 22 replies
On a positive note, I've been tweaking my pricing on both of my storefronts, and I found a sweet spot that allows me to work less, make more capital, and most importantly - have more time to focus towards REI!
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26 June 2019 | 8 replies
I’m hoping this will be less hoops to jump through then I’m thinking... but once I clear out everything and get my house cashout/refi I’ll be in a much more flexible spot @Russ Scheider what’s your niche here in town?
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22 June 2019 | 11 replies
@Jay Hinrichs you are spot on!