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8 October 2024 | 10 replies
I would HIGHLY recommend acquiring all future properties under your LLC or business to protect your personal assets.
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7 October 2024 | 6 replies
@David Willis Hi David,Congratulations on the opportunity to acquire such a substantial SFR portfolio!
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7 October 2024 | 9 replies
Smokers are not considered a "protected class" (ie: race/gender/age/etc).The lease the tenant signed prior to us acquiring the property says nothing about smoking either way.
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9 October 2024 | 21 replies
This is why it is folly to believe one can simply acquire a property and just sit on it forever and all will be fine.
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6 October 2024 | 1 reply
Keep leveraging your knowledge of local opportunities to acquire your first property and expand from there.Financially, reinvest your earnings, and make sure you have a solid grasp of cash flow and expenses before making your first purchase.
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5 October 2024 | 2 replies
I am a newbie and in the process of acquiring my first STR in Broward County, Florida.
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7 October 2024 | 12 replies
What might help you for the next attempt is to read (BP's book written by yours truly--The Hands Off Investor), and network (join a community where investors discuss deals, trade advice and observations--coming soon will be Passive Pockets, an offshoot of BiggerPockets which recently acquired the popular passive investing group Left Field Investors).
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11 October 2024 | 40 replies
The community leader, Josh Roosen, really goes out of his way to make you feel connected.And that's the real value of the group at the end of the day: They are committed to your success.A little about my track-record, since joining the group last year I've done:1) acquired 80 units ($7mm in assets) across 2 syndications and 1 joint venture2) Launched a podcast (Multifamily Investing Made Simple)3) Will be publishing a book (Passive Investing Made Simple) in June.
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10 October 2024 | 31 replies
Unless you make a great wage, and have deep pockets... acquiring the next property is going to be difficult.
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9 October 2024 | 16 replies
I acquired the four-plex with varied levels of updates, but would need/want to paint cabinets, paint doors, trim, walls; if carpeted, replace carpet with LVP; replace faucets with modern faucets, etc.