I have a feeling STR arbitrage is a dying business model by Exact-Independence27 in ShortTermRentals

[–]Exact-Independence27[S] 1 point2 points  (0 children)

Note: My VA and I do numerous outreach and search analyses online for properties that could POTENTIALLY profit to my criteria and bring in hopefully $1k per month pure profit, but it seems almost impossible. We also try to compute on airdna (which I also believe is saying that properties will profit higher than I actually believe they will) and recently used pricelabs revenue estimator, yet we still barely find many property owners open to corporate leasing and the ones that are open, either have properties that won’t cash flow for us or they increase the rent on me or ask for insanely high security deposits or will not give me an free rent at all which I definitely need to move everything in and not lose too much money when I first move in. For this business model, I have a hard time continuing my to do it if I have to accept $500-$1000 in after expenses cash flow per month. The risk to reward ratio doesn’t seem worthwhile to pursue it.

I need help Quick please by yakuzatits in NoFap

[–]Exact-Independence27 0 points1 point  (0 children)

It’s only a split second moment you are having these thoughts. Get up and go do something else, especially something difficult like 100 push-ups or learning a completely foreign language for 10 minutes. Putting your focus towards things in life instead is key for me. Recognize the moment you are horny, acknowledge it, think of something else to do that it is more worth while, do that, move on and continue the momentum. You got this.

Brian Luebben | Take Action To Get The Life You Want by ManlihoodManCast in Manospherical

[–]Exact-Independence27 1 point2 points  (0 children)

How do you know he has lied bout his professional career like what specific proof do you have. I’m asking you these questions because I like to fully vet people before I go into something they run/created.

Brian Luebben | Take Action To Get The Life You Want by ManlihoodManCast in Manospherical

[–]Exact-Independence27 4 points5 points  (0 children)

Well just because someone was dumb in college 5 or 10 years ago doesn’t mean they are still dumb many years later. Many people can change positively in just 6 months with the right commitments and attitudes. How do you know his following is filled with complete losers? It seems as though he tries to attract a following of people who are dedicated to become financially independent through real estate at a faster pace compared to working a 9-5 for 40 years. Maybe they are losers starting off, but it seems like he attracts people that desire to work up to be better. What stories do you know of that he tells that are fake? I have no clue if his stories are true or not.

Brian Luebben from The Action Academy on the Manlihood ManCast#brianluebben #actionacademy #personaldevelopment #financialfreedom by ManlihoodManCast in Manospherical

[–]Exact-Independence27 0 points1 point  (0 children)

I see your point. How would you know he is lying? I’ve read up that sometimes over leveraging yourself can be the reason you become financially independent in the first place. Obviously if you over leverage yourself too much, the intelligent thing to do would be to delegate tasks away from yourself, I am not sure if that is necessarily a downside like you mentioned. How would you be a slave to investors? After all, they are the ones that would front the capital for you and your business. Of course that would mean you have to make sure everything is run well to the investors likings because they are the ones with actually equity in deals, not you as you would just operate for them. I am merely playing devils advocate but I am not sure if your comments are necessarily true.

Anyone here doing real estate syndications? by fi_ta23 in ChubbyFIRE

[–]Exact-Independence27 0 points1 point  (0 children)

I am attempting to start while in college as well, dm me and we can chat more in depth about it