That alignment of incentives produces better risk-adjusted returns for everyone involved and dramatically increases the probability of success on the first few large transactions.Once I’ve cut my teeth on several of these alongside proven operators, I’ll have the resume, relationships, and confidence to lead larger deals independently.

Think of it like Insurance:)Once you learn more, you can take over parts or all of management.Making it your full time career would probably require more cashflow than these units can produce.

I believe for the patient mostly passive RE investor that leveraged RE can do well but1) residential RE is not passive, especially compared to index funds and etfs.2) because non commercial residential prices are near an all time high, interest rate is near high for this century, rents are all time worse compared to costs (per 2 recent studies) that you would be entering RE at a challenging time and a time were most RE will not produce the returns that were easy to achieve prior to 2022.3) RE provides diversification, but may not far exceed the returns from passive options.  

It’s been a great way to help new and experienced investors connect, learn, and actually take action. 

Looking to be fed from the experience you all may have to help me take action. 

It is currently staffed, and from talking to the owner is producing good cash flow every month.

Keep it legal and ethical, document your pipeline, and iterate until it produces one legit conversation per week.

Not sustainably.Agents spend too much energy trying to predict what’s coming next —rates, inventory, buyer sentiment, seasonal shifts.But here’s the truth:The only market you can win in is the one you’re standing in.What worked last year may not work today.What might work six months from now is guesswork at best.You can’t build a business on forecasts and “maybes.”Top agents succeed because they focus on the present:• the buyers who are active now• the sellers who need solutions now• the strategies that work right now• the opportunities in front of them todayReal estate is not about calling the future.It’s about taking action in the present.No need to try and time the market.Start learning how to work WITH it.

That decision fueled my discipline to save consistently and check zillow almost everyday (as I knew nothing of biggerpockets at the time).2) Took Action - The action to save, the action to check zillow, once I felt I had a good amount of money (not nearly enough lol) I started to reach out to lenders to get pre-qualified - that process told me what else I needed to do (creditwise/cashwise/debt to income ratio wise).

In jurisdictions with applicable short-term rental laws, government officials can use the City Portal to search for listings in their registration system and take action on listings they determine violate local regulations.”From:https://news.airbnb.com/new-city-portal-features-to-help-gov...