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1 August 2024 | 33 replies
Most flippers would tell you those were bad deals, but those "bad" deals gave me confidence, experience and helped me develop relationships that propelled me to take the next bigger steps and quit my day job.
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29 July 2024 | 9 replies
Quote from @Dave Foster: @Daria B., You're handling your 1031 like a champ!!
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30 July 2024 | 4 replies
I have partner 50/50 with new flippers, but they put half the money into acquiring the house and repairs, and I pay the other half but I use my crew to do the flip. the other person needs to have skin in the property otherwise, I just pay them a wholesaling fee.I recommend starting by using a hard money lender, as they will take risks when someone is new, and they won't lend you the money unless they feel confident the deal is good. so you are confident you can be successful.you may pay some hight interest rates, and points, but at least you know you may make money at the end
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1 August 2024 | 16 replies
If you do this, then you should feel more confident.
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1 August 2024 | 10 replies
Recent STR Pros Podcast about the Poconos:https://hospitality.fm/show/episode/mastering-the-poconos-ma...Also:How to Feel Confident Purchasing STRs in the Poconos
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29 July 2024 | 6 replies
Reach out to someone like @Dave Foster to avoid making a costly mistake.
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29 July 2024 | 6 replies
Quote from @Dave Foster: @Bryan S., I always found that the steepest part of my learning curve as I transitioned from SFR to STR to Commercial land development and MF (all using 1031 exchanges) was learning what "didn't translate" from the prior type.
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30 July 2024 | 12 replies
Make no mistake i want to and will invest in the U.S but not until i get a firm grasp and im confident even without seeing the property.
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29 July 2024 | 13 replies
(IRC section 121(d))@Dave Foster might have more to add here. ...
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29 July 2024 | 10 replies
What analysis paralysis really is is a lack of confidence.