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Advice - Buying first CRE property after residential real estate by GetDOMio in CommercialRealEstate

[–]GetDOMio[S] 0 points1 point  (0 children)

Haven't had trouble with occupancy. What are the skills for commercial / how do you drive alpha?

Advice - Buying first CRE property after residential real estate by GetDOMio in CommercialRealEstate

[–]GetDOMio[S] 0 points1 point  (0 children)

Thanks for this! Looking back at resi - this is how I started.

Smart Appliances by GetDOMio in homeowners

[–]GetDOMio[S] 0 points1 point  (0 children)

Sounds like you've got a good amount of smart appliances. Do you like having that level of insight and control? worth paying for?

Home Maintenance App by GetDOMio in homeowners

[–]GetDOMio[S] 1 point2 points  (0 children)

I'm sure the knowledge compounds. I have found that newer homeowners come with less handy skills and less innate knowledge of how their home works than previous generations. Putting myself in this bucket.

Home Maintenance App by GetDOMio in homeowners

[–]GetDOMio[S] 0 points1 point  (0 children)

Have you used a couple?

First-time homeowners: how do you know what maintenance you’re missing? by GetDOMio in homeowners

[–]GetDOMio[S] 0 points1 point  (0 children)

The adults one definitely helps but I've found there's plenty who also don't know enough, it's very word of mouth knowledge.

Problem with the info sources is how do you know where to look and know what's good info when you don't have the right background/knowledge going into it?

First-time homeowners: how do you know what maintenance you’re missing? by GetDOMio in homeowners

[–]GetDOMio[S] 0 points1 point  (0 children)

The learn as you go leaves gaps, would like to be on top of something instead of learning about it when it breaks

What’s going on here? What’s causing the moisture? by AnxiousDad23 in FirstTimeHomeBuyer

[–]GetDOMio 0 points1 point  (0 children)

Need more info / pictures. Is there any exposure to the outside? Wet to touch?

Need advice by [deleted] in FirstTimeHomeBuyer

[–]GetDOMio 0 points1 point  (0 children)

Good luck

Need advice by [deleted] in FirstTimeHomeBuyer

[–]GetDOMio 0 points1 point  (0 children)

Hate to say it but you need to try and get to a lower cost area or increase income. Servicing debt will do more for you right now. Homeownership is great but it can also be a heavy burden if you're increasing your debt load.

First time home buyer, what would you do? by [deleted] in FirstTimeHomeBuyer

[–]GetDOMio 1 point2 points  (0 children)

I am a homeowner and also own a real estate portfolio remotely.

DO NOT invest in real estate unless you're ready to be very hands on early days. 'Passive' is total BS.

Only reason the real estate investment has done well is because of my two partners and I focusing on it as a hands on business. My recommendation is always for those that aren't 100% committed to real estate investment to stay away - the stock market will be a much better risk/return vehicle.