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23 September 2024 | 6 replies
If by real estate business you’re implying you have little or no money to invest but are contemplating using one of the guru inspired methods (subject to, “wholesaling” , fix n flip) to create cash flow, I’d encourage you to do research on the true success/failure rate of people who engage in these endeavors, the amount of money the successful operators spend monthly on marketing, and the real time commitment and knowledge and experience necessary for success.
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27 September 2024 | 66 replies
Active engagement in the Real Estate industry.Flipper Builder Lender Syndicator PM Agent/Broker etc etc.Here you create your own income streams by working the business its a business its not just being a passive investor of cash flow assets..
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23 September 2024 | 3 replies
and see what skills you might have to add some value as a side hustle.Things started to happen organically as I got more involved in the Chicago real estate market, and I am confident they will for you, too, in Seattle!
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27 September 2024 | 44 replies
I will personally be passing, doesn't sit well with me and the lack of knowledge doesn't build confidence.
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23 September 2024 | 9 replies
I'll say, it's a good sign that the founder/owner is willing to engage questions.
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25 September 2024 | 17 replies
If you engage in a real estate investment program as a means to build wealth, you are going to incur a significant amount of debt early on and likely for the next 30 years, as your holding grow.
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22 September 2024 | 11 replies
They may even engage in intense, detailed negotiations.
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23 September 2024 | 2 replies
Ask the investor what are his numbers, what does he intend to do with the property, how much is it worth when done, how much does it need in repairs and what repairs will he or she be doing.When you know your market inside out you will feel more confident on moving forward.
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23 September 2024 | 4 replies
That said I'm not 100% confident in this answer so take it with a grain of salt.
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22 September 2024 | 9 replies
Your insight gives me more confidence to invest.