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15 December 2024 | 9 replies
It has taken the last 6 months of the year to come to terms with an essentially game changing mindset: "Track the input and let the effort determine the outcomes"Initially I wanted reach a goal of $100,000 in a year wholesaling real estate.
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16 December 2024 | 21 replies
In Seattle, I am not going to play games as a landlord whether I am right or wrong.
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4 December 2024 | 9 replies
Quote from @Elizabeth Rose: @Josh Bowser this tip of doing a quick search on county GIS or software to see if homes in a neighborhood are owned in personal names or LLCs is gold, thank you!
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31 December 2024 | 418 replies
As you have mentioned in the past, you should not put more than 10-15% of your money in one investment - so if you have $500k and want to throw $50k ok - but it still hurts. if its your first and only 50k, there are plenty of other opportunities out there to get in the game for lessFor many - Goes back to greed and FOMO as well, last few years everyone and their brother wanted to jump in on the STR and MF space because of these great returns - no different than NFT's and bitcoin before that, but when something moves up quickly, it typically drops pretty quickly as well.
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6 December 2024 | 9 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.
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9 December 2024 | 16 replies
I currently house hack in Chicago, however, going from that to STRs where I cannot self manage is a different ball game and just wanting to pick peoples brains who are doing what I'm interested in doing.
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3 December 2024 | 12 replies
Quote from @Ryan Ludwick: Hey, I just joined the platform and wanted to introduce myself and say hi.I'm a software engineer, currently based out of Portland, OR.
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5 December 2024 | 17 replies
A big part of succeeding in this game is simply staying in the game.Make sure to take the lessons from this experience so it’s not in vain:•Always keep reserves.
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6 December 2024 | 13 replies
I work remotely as a software engineer, I currently make $105k / year.
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6 December 2024 | 25 replies
Then you are 'in the game' so to speak.