All Forum Posts by: Ling Lin

@Ling Lin

Blue Fox since 2019; happy enough with.

You should do what makes you feel most comfortable. 

As Frank pointed out, all investments have risks and some more than others. Also, there are fluctuations in the general market. When I see the whole stock market go down, I don't worry too much about my own investments as I know that they will bounce back, it is only a matter of time. It is not a guarantee, but it is a high likelihood. Yet, if I have dogs in my portfolio, those need to be discarded. We look in the past for trends to predict the future, although it doesn't always work. This dates me, but who knew Enron was going to go belly up? As I study those that are wealthy, they often make more money during bad times versus good. So we just need to recognize that there are cycles in business for both real estate AND other investments, up and down. I just looked at some bigger tech stocks and the only ones that I can see worth holding are Microsoft and Apple since these are trending up from when you bought. The others are trending down from when you bought. The caveat is that once you sell, you "lock in" your losses. It's a gamble, but it is what it is. I suggest going and talking with a financial advisor or someone that trades in stocks and learning about stop-losses and that kind of stuff to protect your wins. 

Regarding real estate property, I am itching to buy more, but will wait a little bit more as I think prices will continue to get softer in the next 12 months in my opinion. 

This forum is a way to discuss possibilities of real estate primarily, but you ultimately are responsible for making your own decisions. We are offering opinions, not what you "should" do. And everyone has different opinions.

 Just met Leslie at S&L Realty and they are building out their STR portfolio with 10 properties so far. They also do LT with 70 properties under management

They charge 25% for full service STR and are willing to customize to level of service you need and charge the typical 10% for LT

I have not used them yet personally but sounds like they are at least worth a call

S&L Realty - 520-222-7994

 I work with Rentals America in the Phoenix area.  They have a branch in Tucson. Of all PMs I've used they're the best.

What kind of property / model is it for? 

Long term 

Short term

Type of property?

Your capital market has reacted too slowly, and you still hold stocks. Since last year's Fed meeting minutes about shrinking the balance sheet and raising interest rates, you should have reacted to the market in advance.

This is a real estate forum.