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Old 01-05-2021, 09:13 PM
  #611  
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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.
How much money would one need to get into a decent passive CRE deal?
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Old 01-06-2021, 06:18 PM
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Originally Posted by ebl14 View Post
How much money would one need to get into a decent passive CRE deal?
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.
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Old 01-06-2021, 06:43 PM
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Originally Posted by Gunfighter View Post
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.

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?
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Old 01-06-2021, 06:56 PM
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Has anyone here ever invested through lending club?
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Old 01-06-2021, 07:26 PM
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Originally Posted by GucciBoy View Post
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?
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.
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Old 01-06-2021, 08:27 PM
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Originally Posted by m3113n1a1 View Post
Has anyone here ever invested through lending club?
Huge waste of time, messed around with it years ago when it first got popular. I'd rather get .5% in a bank than mess around with LendingClub (more than likely you'll end up making more money in the bank too).
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Old 01-07-2021, 03:46 AM
  #617  
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Originally Posted by Gunfighter View Post
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.
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Old 01-08-2021, 12:53 PM
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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?
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Old 01-08-2021, 01:12 PM
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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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Old 01-08-2021, 01:20 PM
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Originally Posted by Trip7 View Post
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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I was getting a bit concerned about TSLA valuation as well. Rather than paring my position I went with selling CC against a portion of it. I'll keep rolling them ITM, possibly out and up or maybe just out.

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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