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Old 05-28-2018 | 09:40 AM
  #161  
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Originally Posted by FullFlaps
As far as airline hiring, Delta has hired around 4,000 pilots in the last 3 to 4 years, do they really need more?
LOL yes.

DL has hired more simply because they have added more mainline capacity to the bottom end than the others. That's a process that is still continuing, although to a slower degree that will flatten out at some point obviously. There are about 2500 more positions on the list than post merger, and there is still a very large retirement wave about to hit in the coming years. Even after the wave starts to subside, it will still remain a powerful force for a very long time.
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Old 05-28-2018 | 10:25 AM
  #162  
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DL has brought a lot of the former RJ flying in house and brought more pilots on to cover it just like most of us hoped they would do. The other legacies seem much further behind in that regard. We need much more work on large jet scope that has the potential to add a lot more people to the list.
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Old 05-29-2018 | 07:44 PM
  #163  
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Anyone here invest in apartment buildings/commercial properties, or just single family?
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Old 05-30-2018 | 09:08 AM
  #164  
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Originally Posted by 123494
Anyone here invest in apartment buildings/commercial properties, or just single family?
Yes, several on this thread invest in those asset classes. Do you have a specific question regarding commercial or multifamily properties?
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Old 05-30-2018 | 01:35 PM
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Originally Posted by Gunfighter
Yes, several on this thread invest in those asset classes. Do you have a specific question regarding commercial or multifamily properties?
Trying to purchase one as my first property. I live in NJ, but am seeing that most properties in NJ/NY are expensive and some do not even cash flow. Where are you guys investing in some of the bigger properties w/ more units?
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Old 05-30-2018 | 03:46 PM
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Originally Posted by 123494
Trying to purchase one as my first property. I live in NJ, but am seeing that most properties in NJ/NY are expensive and some do not even cash flow. Where are you guys investing in some of the bigger properties w/ more units?
Look outside where you live.
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Old 05-30-2018 | 06:58 PM
  #167  
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Originally Posted by 123494
Trying to purchase one as my first property. I live in NJ, but am seeing that most properties in NJ/NY are expensive and some do not even cash flow. Where are you guys investing in some of the bigger properties w/ more units?
Texas is good. Bigger properties w/ more units is a little vague, but once you start getting over $20 million you are competing with institutional money and will have a tough time cash flowing. If bigger is something larger than a 4 plex, you will find properties that cash flow in several different areas. Management of properties outside of your local area will be one of the bigger obstacles to overcome.

The best thing you can do is get tied in with some local real estate investors, find a few RE blogs and podcasts. Sites like biggerpockets, podcasts from Jason Hartman and books by Robert Kiyosaki are good starting places if you don't know much about real estate investing yet.
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Old 05-30-2018 | 07:44 PM
  #168  
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A big factor in deciding where to invest is state and local tax. Avoid places that will have you doing crazy paperwork on your time off other than signing a few things. Just my opinion.
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Old 05-31-2018 | 09:34 AM
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Originally Posted by Gunfighter
Texas is good. Bigger properties w/ more units is a little vague, but once you start getting over $20 million you are competing with institutional money and will have a tough time cash flowing. If bigger is something larger than a 4 plex, you will find properties that cash flow in several different areas. Management of properties outside of your local area will be one of the bigger obstacles to overcome.

The best thing you can do is get tied in with some local real estate investors, find a few RE blogs and podcasts. Sites like biggerpockets, podcasts from Jason Hartman and books by Robert Kiyosaki are good starting places if you don't know much about real estate investing yet.
To be more specific, maybe 15-20 units. Using ~$300k as a down payment on one large property is one I’m shooting for. At least we can non-rev anywhere should we need to be there, but a property manager is something I would consider. Thanks!
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Old 05-31-2018 | 09:43 AM
  #170  
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Originally Posted by tunes
i had thought about MEM rentals but the increasing crime rates there have me shying away.
Memphis is the worst choice you can make in Tennessee. Knoxville or Nashville are far far better. That being said, my mom passed away a couple years ago and I still own her condo in Cordova. I'll sell it at basically break even just to gtfo of Memphis.
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