Originally Posted by Gunfighter (Post 2601526)

I've reviewed many syndications and have always chosen to be a direct investor. There is far more control over the investment that way. You control the timing of long term gains, have the option of equity stripping via cash out refi, preserve the option for a 1031 down the road, etc. I'm also more confident in my own due diligence than that of a syndicated offering. If you are looking for a hands off approach while preserving the direct investment advantages, evaluate a NNN property vs a syndication.

JMHO, DYODD, disclaimer, etc.

Originally Posted by Trip7 (Post 2601764)

Thanks for the advice. I've been looking for direct investment opportunities but haven't found anything reasonable cashflow wise yet. Starting to look out markets outside ATL and will continue to build cash. What type of properties have you invested in? SFHs or Multifamily?

Originally Posted by Air Stang 7 (Post 2601798)

Mobile home parks and self storage seem like a good bet from some people I’ve been talking to.

Originally Posted by Gunfighter (Post 2601881)

Self storage was a great investment before it became known as a great investment. There are a lot more dollars chasing resales and new development these days. The spread between cap rates and cost of capital has been shrinking since 2012 and has just recently began opening up. If the spread continues opening there may be some more opportunities in the class B/A- properties in secondary and tertiary markets.

I'd love to learn more and possibly invest in mobile home parks. So far most of the ones I've seen have too many park owned homes. I want to be a lot landlord, not a mobile home landlord. Extended stay RV parks are a close cousin of the true MHP which may be an alternative.

Originally Posted by notEnuf (Post 2602227)

One word of caution on self storage that is unattended. Meth and trafficking have been issues. The ownership is usually left with the tab on cleanups.

Originally Posted by tripled (Post 2598523)

Thanks for the informative post that leverages experience from a previous life. You’ll make a lot of friends in the cockpit if you continue to share free financial advice based on your past endeavors.

As for the airlines, right now the big3 passenger carriers seem to be at the top of the heap for applications. Of those Dal has a lower debt ratio compared to aa or ual but I’m just repeating hearsay whereas you probably know the proper sources to research and validate the claim.

You also surely understand volatility and I think most pax pilots would emphasize how volatile the industry is. The highs are pretty high but the lows are lower. ‘Elastic demand’ is the term if I’m not mistaken. If that’s a worry then a freight airline is another good option to consider. The business model seems more stable. In both cases, the projected hiring picture in either airline sector is good enough in the medium term so the real key for one in your position is probably speed. How fast can you get your tickets and necessary hours? The next question after that is to probably decide where home is/will be. In any case, welcome to the discussion and thanks for offering an honest financial assessment in exchange for some honest airline advice. Good luck on your journey!

Originally Posted by FullFlaps (Post 2602883)

Thanks Tripled

I am hoping i can get all my sign offs by the first quarter of 2019 and hopefully a year and change of flight instructor time. I might join a flying club and split time with people when I am not getting enough hours instructing. Hopefully I can average 100 to 120 hours a month as a CFI. I would like to get to 1500 hours by first quarter or second quarter 2020 and then let the dice roll where they may.

As far as airline hiring, Delta has hired around 4,000 pilots in the last 3 to 4 years, do they really need more? AA has 3 regionals they can feed from. Will there still be enough from the demand side for me to have a decent shot at a major or legacy airline by the time I have enough hours?

Originally Posted by Big E 757 (Post 2602888)

Even if you remove growth from the equation, which gives a more pessimistic number, Delta will need to hire at least 4000 more pilots, at least, over the next ten years just to cover retirements. I can’t remember the exact number.