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28 January 2025 | 7 replies
In order to do this you need to have deal flow and you need to know 1) How to recognize a good, profitable deal, 2) How to put together funds quickly to buy the deal before someone else does and in such a way where you are protected and the deal is protected, 3) How to run the project so that you follow the budget and don't overspend or overbuild, 4) How to attract an end buyer or a renter and which documents to use to protect yourself and the buyer, 5) If you are going to keep the property then you need to know how to set up the property from the start to best help you in the refinance later, and 6) You need to know how you are planning on managing the property from the beginning in order to make sure it will be profitable at the end.
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5 February 2025 | 16 replies
When you sell, interview as many as you need until you feel very comfortable with the one you decide to work with.real estate is a big investment, and for me it's long term, I don't want to have buyer remorse because someone isn't as knowledge as I like.when I was younger, I was more willing or less experienced, today I want the same level of knowledge as I offer when I help someone with their tax planning or when I prepar their taxes.....Show me your high level of knowledge, you are hired.
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28 January 2025 | 42 replies
Suggest you get your game plan in place first then go forward once you have the goal in sight.
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7 February 2025 | 14 replies
Many OOS investors pick one market to master before expanding.Spending the next few months learning and analyzing deals is a great plan!
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21 January 2025 | 15 replies
We are starting the process of analyzing deals, making a plan and executing on it.
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21 January 2025 | 1 reply
I have been following the Real Estate Investing industry for a while and just recently decided to put my focus into it and implement a plan I had in mind for years.So I went down to Puerto Vallarta I put together a team of local realtors, brokers, contractors, property managers and a lawyer.
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21 February 2025 | 9 replies
I am looking to begin the process of a 10+ year plan to build out a sustainable REI enterprise which would ultimately provide me with significant passive income and net worth to make a legacy business for my family.
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14 February 2025 | 25 replies
I don’t plan on doing anything until summer and I might just leave it the way it is.
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24 January 2025 | 1 reply
Rental arbitrage isn’t common in my area ( high point North Carolina) but I was planning on starting in another state.
27 January 2025 | 8 replies
I would like to start close to home as I plan to self manage the rental side of it.