chatmissionpostslibrarytopics
highlightsreach ussupportmain

I buy properties with friends and family. One has made over $400k on Airbnb.

April 19, 2026 - 22:16

I buy properties with friends and family. One has made over $400k on Airbnb.

For many aspiring real estate investors, the barrier to entry can feel insurmountable. Kristina Modares, 36, found an innovative solution by pooling resources with friends and family to purchase properties. This collaborative approach has not only launched her portfolio but has also generated significant returns, with one co-owned property earning over $400,000 through Airbnb rentals.

Modares highlights that the financial benefits are just one part of the equation. The journey has been a profound learning experience in mixing personal relationships with business. Clear communication, legally sound partnership agreements, and aligned expectations are non-negotiable foundations for success. She emphasizes that all parties must be transparent about financial contributions, responsibilities, and long-term goals from the outset.

While the profits are compelling, Modares advises that trust and professionalism are the true cornerstones. Navigating repairs, vacancies, and major financial decisions requires a business-first mindset to preserve both the investment and the personal relationship. Her story demonstrates that with careful planning and mutual respect, co-buying can be a powerful strategy for building wealth alongside those closest to you.


MORE NEWS

Real estate firm buys century-old Salt Lake City building, plans $40M renovation

September 2, 2026 - 11:28

Real estate firm buys century-old Salt Lake City building, plans $40M renovation

A century-old building in downtown Salt Lake City, originally constructed for the Ford Motor Company, has changed hands. The new owner, a real estate firm, intends to make the structure its...

Local Real Estate Developer and Business Leader John Stamato Named to Glen Burnie Bancorp Board of Directors

September 1, 2026 - 19:15

Local Real Estate Developer and Business Leader John Stamato Named to Glen Burnie Bancorp Board of Directors

GLEN BURNIE, Maryland - Glen Burnie Bancorp, the holding company that owns The Bank of Glen Burnie, has appointed John Stamato to its board of directors. Stamato brings years of experience in local...

Barclays (LSE:BARC) Names Ramin Naji To Lead Asia Pacific Healthcare And Real Estate

September 1, 2026 - 06:18

Barclays (LSE:BARC) Names Ramin Naji To Lead Asia Pacific Healthcare And Real Estate

Barclays has brought in Ramin Naji as Managing Director and Head of Healthcare and Real Estate for the Asia Pacific region. Naji steps into the role with a strong background in healthcare...

Luxury homebuilder buys land near Falls Lake for $11 million

August 31, 2026 - 22:45

Luxury homebuilder buys land near Falls Lake for $11 million

Luxury homebuilder Toll Brothers has closed on a significant land purchase north of Raleigh, paying $11 million for 126 acres adjacent to the Falls Lake reservoir. The property, located near the...

read all news
chatmissionpostslibraryeditor's choice

Copyright © 2026 Homfry.com

Founded by: Elsa McLaurin

topicshighlightsreach ussupportmain
cookiesusageprivacy