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13 June 2024 | 8 replies
Over the past 2 years I have been able to crack the code for my own STR and am confident I am able to branch out and help others.
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18 June 2024 | 56 replies
I believe with new builds you can’t really get any equity like you do with BRRRR, also will need lots of money down to get some cash flow and I bet the prices are high.
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15 June 2024 | 6 replies
your better bet is probably to try and bring on an equity partner into the deal. have you considered that?
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15 June 2024 | 1 reply
There are a number of jurisdictions that have similar exemptions for beneficiaries named in a trust ...however, your easiest bet would be to contact a local wills and estates attorney in your city.
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15 June 2024 | 6 replies
They could be good source for leads, they should be able to do the site work or refer to someone 'recommended' who can.For bare land- Your short 2month timeframe for permitting (city or county) and utilities is not going to be realistic or even close, most of the time.Your best bet is to find land that has a mobile (demo and scrap it) then replace.
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14 June 2024 | 6 replies
Just a simple online way to keep track of the loan, that tracks & receives payments, and increases the loan amount each month based on the agreed interest rate etc.I'm going to keep searching online but I'm sure there's a wealth of knowledge here and I'm willing to bet some of you have used multiple platforms.Please let me know if you have advice.Thanks!!!
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14 June 2024 | 8 replies
Learn a lot, have plain goals for your investments, spread your bets, ask experts for help, and get tips from the BiggerPockets group.
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15 June 2024 | 8 replies
@Prashanth Mahakali or @Samuel Pavlovcik are always good bets to figure these types of questions out.
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12 June 2024 | 1 reply
The properties are valued too high that the best confidential rent does not justify cashflow.Any clue of what I may be doing wrong?
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16 June 2024 | 23 replies
That way you kind of hedge your bets (aka Risk/Reward).Self Storage is historically Recession-Resistant as it has everything to do with Death, Divorce, Down-sizing, Dislocation, etc. - things that are prevalent in normal times and certainly, in not-so-normal-times, too.However, RV & Boat Storage is similar but different, in that approx 1 out of 10 folks in the USA rents a Self Storage Unit, and that is not the case with Boats & RV's; hence it being a much more niche strategy.