Side Hustle
#611
Originally Posted by Gunfighter;[url=tel:3178048
3178048[/url]]That has been a great strategy for years. It works especially well for parents who can put a college student on the payroll. Well capitalized REITs have gotten in on the game also. The growth of student housing around several universities I'm familiar with has exploded. My biggest concern with these niche markets is how rapidly a move against the niche can wipe you out. Reduced in class attendance as major universities continue moving classes online poses a huge risk in this area. Another previous "money printing" niche market was converting large homes into assisted living facilities. More people are opting for at home care. The VRBO niche has been hot as well, but that industry doesn't have the political capital to compete with Marriott, Hilton and Hyatt. Legislation and HOAs are slowing down that once hot segment.
There are sliding scales of capital and time that investors can use to find their fit. Many of the niche markets are fantastic for investors with higher time to capital ratios.
Lots of real estate investors get stuck in their niche and don't have a plan to scale. You can double from one house to two or 5-10 pretty easily. Above that, it gets progressively more difficult. As capital grows, time remains finite and you have to find ways to scale. Generally that means having a geographically concentrated income source. 50+ unit apartment, 300+ unit self storage, X+ unit RV park, a couple dozen homes in a 3 mile radius, etc.
The most successful investors I know have successfully scaled out of houses and into larger commercial property. Some have scaled by deploying their growing capital into passive deals rather than taking on more employees or tenants.
There are sliding scales of capital and time that investors can use to find their fit. Many of the niche markets are fantastic for investors with higher time to capital ratios.
Lots of real estate investors get stuck in their niche and don't have a plan to scale. You can double from one house to two or 5-10 pretty easily. Above that, it gets progressively more difficult. As capital grows, time remains finite and you have to find ways to scale. Generally that means having a geographically concentrated income source. 50+ unit apartment, 300+ unit self storage, X+ unit RV park, a couple dozen homes in a 3 mile radius, etc.
The most successful investors I know have successfully scaled out of houses and into larger commercial property. Some have scaled by deploying their growing capital into passive deals rather than taking on more employees or tenants.
#612
The minimums generally range from 25-100k. Mine have been through a group from Houston called Lifestyles Unlimited. Crowdsourcing platforms like Crowdstreet, Yieldstreet, Fundrise, etc may have lower mins. I haven't used any of them, but a few on here have.
#613
Their site looks like it’s just selling memberships in the club and the perks of said memberships. Where do I get to the meat-and-potatoes?
#615
The offerings are Reg D, 506b, which means no advertising. You have to be a preferred member and approach each syndicator individually and ask to receive their offerings. If you don't have an established relationship with the syndicator before the date of the PPM, you can't participate. Lifestyles Unlimited does not make any investment offerings, they provide education, mentoring and networking. You pay a hefty fee to join so you can network with other investors and syndicators. It's worth a couple hours to check out their free intro seminar.
#616
Gets Weekends Off
Joined APC: Dec 2013
Posts: 2,236
#617
The offerings are Reg D, 506b, which means no advertising. You have to be a preferred member and approach each syndicator individually and ask to receive their offerings. If you don't have an established relationship with the syndicator before the date of the PPM, you can't participate. Lifestyles Unlimited does not make any investment offerings, they provide education, mentoring and networking. You pay a hefty fee to join so you can network with other investors and syndicators. It's worth a couple hours to check out their free intro seminar.
Cool, thanks.
#618
I've been paper trading a 100k account on Think or Swim. The SPY & SPX Short Iron Condors got crushed this week. The short RMO double diagonal is holding up OK. I'm short FEB 15 put / 40 call and long May 12.5 put/ 45 call. On the plus side, my short FEB 230 Straddle on BRK/B is up $32.50. I started paper trading after Christmas and am down $2,792.50 overall. I'm keeping my day job a while longer.
As for the real money, the Feb TSLA calls are now ITM, so they are candidates to roll out and up as the extrinsic value decays closer to expiration. In staying true to my core competency, another passive share of an apartment community made its way into the portfolio. Were expecting 8% cash on cash, with a cash out refi in year 3-4. Another one from early 2020 is already planning for a 50% equity distribution from a supplemental loan in Q3 2021. We've been getting 6% CoC so far, and with half of our initial equity back, we will be getting 10-12% CoC and still retain our initial share of ownership. The cash out supplemental will fund part of another investment when we get it. Gotta keep the equity snowball rolling...
Help from the crowd please. Does Tradestation have the same nice red/green arrow, trade visualization graph that I see on the Tastytrade videos?
As for the real money, the Feb TSLA calls are now ITM, so they are candidates to roll out and up as the extrinsic value decays closer to expiration. In staying true to my core competency, another passive share of an apartment community made its way into the portfolio. Were expecting 8% cash on cash, with a cash out refi in year 3-4. Another one from early 2020 is already planning for a 50% equity distribution from a supplemental loan in Q3 2021. We've been getting 6% CoC so far, and with half of our initial equity back, we will be getting 10-12% CoC and still retain our initial share of ownership. The cash out supplemental will fund part of another investment when we get it. Gotta keep the equity snowball rolling...
Help from the crowd please. Does Tradestation have the same nice red/green arrow, trade visualization graph that I see on the Tastytrade videos?
#619
FYI TSLA investors, Dr. Michael Burry, who's famous short of the Mortgage Backed Securities is detailed in the book and movie The Big Short, is shorting TSLA. Tread carefully. Don't get wiped out.
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Sent from my SM-N986U using Tapatalk
#620
On a side note, Elon Musk is the richest person in the world and the TLSA shorts have lost close to 100 billion so far this year. Ouch...
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