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Real Estate Newsletter – October 2019

Thoughts from Diana

This month we have two articles which put a little different spin on real estate investing. Shared housing and Airbnb have really exploded and changed the landscape of rental property and how we look at it. I’m a firm believer in having a plan, and part of any good plan should also be a “Plan B”. So even though I personally don’t look at these models as part of my plan – they do add to options for “Plan B”.

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MILLENNIALS: A DIFFERENT BREED OF LANDLORD

By Diana Hill

I am not a Millennial (far from it, I’m the last year of the baby boomer generation), but I raised two millennials who in turn married two millennials. They have taught me a thing or two about rental property, I’m still the expert (since my husband and I have owned property for 30 plus years) but they have given me a new perspective. They are focused on the Airbnb/VROB model. My kids are 27 and 29, both just closed on their “first” rental property. Unlike their parents who look for long term renters (I like tenants that stay for 20 years) they are looking for short-term renters.

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INVESTING IN REAL ESTATE AS A SOBER LIVING FACILITY

By Diana Hill

As investors, we often focus on the traditional way of renting property, having a long-term renter. But as we have seen recently, there is a paradigm shift and other options for rental property are emerging. Airbnb is one example, another alternative rental investment option is group homes, including sober living facilities. Opting for one of these strategies for investment property is often more like starting a business than just owning a rental unit.

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Upcoming Classes

Contact your Student Support to register for classes. Foundations drop-in basis and will show up in your calendar.

In-Center Classes

Real Estate Foundations – Minneapolis
Instructor: Jason Tom
10/4/2019 – 10/5/2019

Online Classes

Commercial Investor with Jason Tom
10/11/2019& – 10/14/2019

Real Estate Foundations with Chris Heffer
10/26/2019 – 10/27/2019

RECC 4:00PM – 5:30PM (Pacific Time)
Topics and Instructors subject to change

10/3/2019: Special Guest/Market Strategies – Diana Hill

10/10/2019: Managing Your Properties – Chris Heffer

10/17/2019: The Math of Commercial and Rentals – Jason Tom

10/24/2019: Benchmark IRR to Track your Progress as it relates to Retirement – Ron Fields

10/31/2019: HAPPY HALLOWEEN – BREAK

Questions can be submitted to help@tradingacademy.com and deals can be uploaded for deal review.

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Access either: Dashboard > Upcoming or Calendar (For Total Solutions Students)
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DISCLAIMER This newsletter is written for educational purposes only. By no means do any of its contents recommend, advocate or urge the buying, selling or holding of any financial instrument whatsoever. Trading and Investing involves high levels of risk. The author expresses personal opinions and will not assume any responsibility whatsoever for the actions of the reader. The author may or may not have positions in Financial Instruments discussed in this newsletter. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future results. Reprints allowed for private reading only, for all else, please obtain permission.

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