
19 July 2024 | 21 replies
@Justin Whitfield I’d first forget about FiRE status - it doesn’t really exist without large trade offs that you’re likely not willing to make.

19 July 2024 | 0 replies
Choose Your Real Estate StrategyRental Properties: Purchase properties to rent out for consistent monthly income.Fix and Flip: Buy distressed properties, renovate them, and sell at a profit.Wholesale: Contract properties and sell the rights to buy them to other investors.Real Estate Investment Trusts (REITs): Invest in publicly traded REITs for passive income without direct property ownership.5.
19 July 2024 | 58 replies
I don't think you can get a true sense of what you are buying from behind a computer.

21 July 2024 | 35 replies
You could use Redfin.com and Zillow.com and create a simple spreadsheet computing sold in last 90 days vs listed to see where properties are moving and what types of properties are selling the fastest.

22 July 2024 | 71 replies
Where I am going with this is someone may trade a W2 wage slave job for a job of owning rental units to house people and their pets.
18 July 2024 | 10 replies
Start at home, do the maintenance work in your home, if something is broken and needs to be fix try to do it yourself before your parents call for a trade to have it fix .

19 July 2024 | 6 replies
The result is that Sbux is paying $60 - $70 dollars in rent, but the market rent in the area is only $30 to $40 so an investor who, say, trades out of a small MF property into a Starbucks thinking they're getting a great "hands off" investment could find themselves owning a building that's worth half what it was when they bought it (or less, depending on what the tenant pool is to back fill it).

16 July 2024 | 11 replies
I know this could mean switch to another job to keep learning my trade or taking courses on project management.

22 July 2024 | 82 replies
In the land business out west especially low value desert land pretty much all of those deals are traded with QC ( Quit Claim) Deeds prepped by the seller and mailed in to record.

17 July 2024 | 8 replies
it seems like a confluence of factors have made it difficult to get started - there is lots of competition for deals, both on and off market; money is expensive; the trades are booked up forever; etc.