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9 May 2024 | 65 replies
Taking time to write out a plan, instead of being handed one; self discipline as opposed to having a set of tasks done before my next check in with the "teacher." are probably equally effective if you take two people with the same level of motivation each prepared to invest the same dollar resources in their venture.
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8 May 2024 | 26 replies
I feel comfortable with my process as I know I am not discriminating due to any of the protected statuses, and I’m also documenting everything and treating everyone equally.
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5 May 2024 | 9 replies
I am equally frustrated by this, but I don't have a silver bullet.
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6 May 2024 | 12 replies
You can get an equal or less quality hotel room at the Holiday Inn (likely w/o a kitchen) for $100+ a night.
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6 May 2024 | 10 replies
Finally, I use the monthly % discount to then make the OTA payout equal to my direct booking payout.
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6 May 2024 | 11 replies
@Paul Sandhu what are you doing that has 22 STR equaling 82 beds and crazy short reservation times?
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6 May 2024 | 11 replies
@George Turner, What you want to do is equally as beneficial.
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6 May 2024 | 27 replies
He needs to make sure to screen everyone equally and use the same criteria for all.
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10 May 2024 | 116 replies
When the rent drops to 0.5% of the value of the property, time to consider redeploying that equity if everything else is 'equal.'
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9 May 2024 | 159 replies
Quote from @Carlos Ptriawan: also since most of the advice in BP is coming from sell side, the return we got is the normal return hence why I am no longer interested.I am interested to gain abnormal return.my exerience- making 80k-100k per flip from 500k home is possible, only in CA- Out of state could be a good appreciation vehicle too- the wealth builder is created when we invest in expensive state only (CA/HI) with at least two properties- invest locally is thousand time better than investing outside because of the potential it creates- househacking and ADU is finance freedom LOLBut i develop a strong very atypical thesis also:- there' nothing passive about real estate investment- investing in syndication is more active than direct ownership- the risk of the unknown of unknown is the biggest issue in any real estate- at the end of the day, the probability of we as landlord is hitting problem with tenant/city is like 100% so be prepared- the difference between different type of real estate investment is the unknown factor and that's always the least discussed- strategy is always different depending on macro climate, if mney is cheap leveraging equity is the best, if money is expensive then buying debt is good option- don't chase best return but chase the most understood risk and capital preservation as a goal- not all RE investment has equal return/risk , syndication in multifamily for example is outsourcing all risk to investor while gp makes the most money lol- direct investment is always always better than indirect investment, except in certain asset class and extremely good sponsor that could find a noticeable return/risk reward.- donot follow the crowd, when everybody else is buying then it's good time to sell, vice versa LOL- if the math doesn't pencil, GTFO lol I do not agree with everything in this post but agree with a lot of it so I thought I would add my view.