Mario Sanchez
What real estate books would you guys recommend
6 January 2025 | 2 replies
I think they contain solid information and will help lay a good foundation as a beginner (Haha, I'm completely new to real estate as well, btw)I'm also going to be reading the following books, and hopefully I can finish all by the end of this month:1) The ABCs of Property Management2) The Advanced Guide to Real Estate Investing3) Long-Distance Real Estate Investing How to Buy, Rehab, and Manage Out-of-State Rental Properties (this might be the most important one to me personally)4) The Book on Investing in Real Estate with No (and Low) Money DownIn addition to reading, I'm consuming crazy amounts of youtube videos, and I'recommend you do this as well.
Lilia Matlov
Investment needs to focus on the quality and potential of real estate
27 December 2024 | 8 replies
Smart investors first focus on finding quality properties—such as those in thriving areas of Brooklyn or potential neighborhoods around Manhattan—and then reverse engineer the process by improving management, optimizing rental structures, or enhancing facilities to make it worthwhile.
Kash Tacke
Turn a detached garage into an ADU?
8 January 2025 | 6 replies
Such strategic zoning decisions bolster the provision of affordable living spaces, invigorating local economies by amplifying the consumer base to support nearby businesses.
Kurtis Sargent
First time remodeling project - Learned a lot
27 December 2024 | 0 replies
I removed the chimney and added modern HVAC, making it the only house on the block with it, significantly enhancing its value.
Zachary Young
Where To Buy My First Rental Property
24 January 2025 | 55 replies
Cost Advantage: Property prices in Mexico can be 40%-50% lower than comparable investments in the U.S. or Canada.High Occupancy Rates: The average rental occupancy rate in Tulum is 70%-80%, driven by year-round tourism.Economic Stability: Mexico's economy grew 3.1% in 2023, with a robust real estate sector supported by foreign investment.Infrastructure Investments: Developments like the Maya Train and new airports enhance connectivity, boosting property value.Feel free to reach out if you'd like more information on how to invest in Mexico, benefits and insights in general!
Kurtis Sargent
First time remodeling project - Learned a lot
27 December 2024 | 0 replies
I removed the chimney and added modern HVAC, making it the only house on the block with it, significantly enhancing its value.
Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
Additionally, not all transaction types support Locations, meaning you'll have to create journal entries to correct them—requiring a solid understanding of debits and credits, which can be time-consuming and error-prone.Instead, I recommend biting the bullet and upgrading to QuickBooks Online Plus for each entity.
Luke Tetreault
2 years in, Growing Pains! What's the Strategy?
14 January 2025 | 9 replies
I won’t try to tell you what to do other than if there’s certain properties that just consume way more energy you might consider 1031ing them into slightly larger properties where you could get better economies of scale for your time and expenses.
Cody Caswell
Save Hours at Home Depot + Lowe's
25 January 2025 | 7 replies
Easy sign up for a sole proprietor.I think new flippers are consumers & don't understand a business mindset.
Troy Smith
Refinance step of BRRR
13 January 2025 | 11 replies
It was a small $$$ project but time consuming because that was something I DIY'd while living in the property.