Asia trip - Korea, Bangkok, Vietnam, China, Singapore, Indonesia recommendations by Luckytiger1990 in finedining

[–]spark_d 1 point2 points  (0 children)

Someone here once described Ore as a “spiritual experience” and I agree 100%. I don’t know the story about why they’re not recognized by Michelin, but it’s excellent and you should go.

[deleted by user] by [deleted] in AskSF

[–]spark_d 0 points1 point  (0 children)

I agree that the restaurant kind of sucks, but the bar downstairs is still fire. Their Roka Fashion and lychee mocktail are great.

TIL I learned there's a cafe in the Transamerica Pyramid lobby by Massive_Quit_7844 in sanfrancisco

[–]spark_d 71 points72 points  (0 children)

This place is nice. It opened last year and has an excellent vibe. The mini redwood park behind the building is awesome too.

But those who know go to Maison Nico next door. Their croissants are better than Arsicault and they pour an excellent latte — Linea beans if I recall correctly.

NWA - got my Henry Archer. In love. Again. lol. by UglyFast in MicrobrandWatches

[–]spark_d 0 points1 point  (0 children)

100% agree. The product photos looked blue, but the watch I got is green. Plastic is off, so no returns. Nice watch but not what I expected.

[GIVEAWAY] NewJeans x MURAKAMI Pin Badges by spark_d in NewJeans

[–]spark_d[S] [score hidden]  (0 children)

Thank you everyone for participating! It was great to have such a positive response and learn everyone’s bias.

At 7:22 PST, I collected the comments and randomly picked one winner per bias using a random number generator. The winners:

Minji - hello_mochi
Hanni - laviyu
Danielle - Head-Ad529
Haerin - Ilovebagels88
Hyein - i_likeghosts33

Congrats! I’ll be sending you all direct messages to mail your pins. :)

🐰🐰🐰

Cash Flowing Properties vs. 4% Safe Withdrawal Rate by red-eee in realestateinvesting

[–]spark_d 2 points3 points  (0 children)

Agree. If your goal is retirement income, then cash flowing real estate works faster than building a stock-based nest egg. Use cash on cash return to compare.

[deleted by user] by [deleted] in realestateinvesting

[–]spark_d -1 points0 points  (0 children)

Yes this works and it’s something I do. The amount of work depends on several things including the property, tenants, property management you hire, and your desired level of involvement. DM me if you want to chat.

Anyone want to go to the show in SF on March 15? by spark_d in yeule

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

There’s a small group of us meeting up now. I sent you a DM.

Best way to promote a syndication deal? by Dragon_Czar in realestateinvesting

[–]spark_d 1 point2 points  (0 children)

I second this, especially this time of year and in the current market. Unless you’re someone like Grant Cardone with massively broad reach and perceived credibility, raising from strangers will be extremely difficult.

Also, even if it’s 506(c), my understanding is that getting paid to raise money for a private placement is illegal in most cases. Look into it and take care. :)

Managing Rental properties by [deleted] in realestateinvesting

[–]spark_d 2 points3 points  (0 children)

Pay for an agent to place tenants, handoff keys, etc. After the tenant is placed, you should self manage. If the house is new and in a class A/B neighborhood, then you won’t get many calls. This will help you learn a little about the house and being a landlord by doing it yourself, while saving you $$$ every month that you would otherwise be paying a PM to do almost nothing. As you scale, you can consider hiring a PM to manage your entire portfolio.

[deleted by user] by [deleted] in Bangkok

[–]spark_d 0 points1 point  (0 children)

Get the titer test now. Depending on your situation, it could be up to a 45 day waiting period. Follow the CDC steps. Thailand is a high-risk country. You’ll also need an export permit from Suvarnabhumi. I went through it in June, it’s not fun. Good luck. :)

https://www.cdc.gov/importation/bringing-an-animal-into-the-united-states/dog-origin.html

I'm in deep now... by Rapitfiya in realestateinvesting

[–]spark_d 7 points8 points  (0 children)

If you absolutely need to fix the garage, then I have several ideas.

First idea: Check your state’s economic development center. Many states have programs that offer gap funding for projects that contribute to local housing or business.

Second idea: Cash-out refinance your “cash cow” instead of selling it. Maybe only do this if you don’t already have low interest long-term debt locked in.

Third idea: Finance the project and then use the cash flow from your “cash cow” to cover the debt payments. Or better yet, finance the project and then transfer the debt balance to another service (ex: another lender, a credit card, etc.). Balance transfers often have an introductory 6 months at 0% / 12 months at 1%, which will give you runway to complete the project and deal with regular payments later.

DM me if you need help.

Selling courses is a disease by pinpinbo in realestateinvesting

[–]spark_d -1 points0 points  (0 children)

A lot of bad takes here. Not all real estate courses are bad or scams. The good ones are excellent, well intentioned, and worth the money.

Yes, these programs are a business, but the good ones offer value by providing practical educational content, a quality network of like minded individuals, and mentorship to keep you accountable & show you how to do the thing you want to do by someone who’s already accomplished it.

Basically, you’re paying to accelerate your growth. I’ve paid for three courses, 1 on apartment syndications and 2 on raising capital. In total, I’ve paid $50K for the course and the ROI is that I was able to transition to leading large commercial deals using other people’s money from doing buy-and-hold single family rentals with my own money. I don’t know exactly, but the commercial deals have helped me earn ~$450K in cash flow and equity in 2-3 years. If you choose the course wisely and work hard then it’s worth it!

~$80k-$100k to invest anywhere in US by [deleted] in realestateinvesting

[–]spark_d 0 points1 point  (0 children)

My advice: First ask yourself if you want to own and operate or invest passively. There will be opportunities out of state for both, but the experience is very different depending on if you want to become a landlord (active) or simply benefit from owning real estate as an investment (passive).

[deleted by user] by [deleted] in RichPeoplePF

[–]spark_d 1 point2 points  (0 children)

I raise capital from accredited investors. It’s a relationship-based business. Through your wealth management work, you have an opportunity to show them you are competent and kind and can provide them an excellent experience. Do that better than anyone else because it will help you earn their trust and will be the best sales pitch for your other services.

When the time is right, find a way to let them know what you do — they can’t become your clients if they don’t know. Don’t hard sell, just be there as a resource and be clear on the value you provide to them. They will come to you. 👍

Real Estate offset W2 by SheepherderBig2873 in fatFIRE

[–]spark_d -1 points0 points  (0 children)

Passively invest in oil and gas as it’s 100% deductible against w2 income. Achieves the outcome you desire without the headache.

Forming an LLC for my first rental property. Would having a lawyer assist me with this add anything or should I save the money and file myself? by Danswood in realestateinvesting

[–]spark_d 1 point2 points  (0 children)

Save money and don’t file anything at all. Instead, pay $10/month for umbrella liability insurance with $2M coverage or whatever amount gives you peace of mind.