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4 January 2025 | 23 replies
After a couple of years of treading the path to frugality to build this financial runway, I've networked with the greatest people who made this all happen, of course, it took the strength, determination, time, etc to place myself where I am today but, without the mentorship of my two great mentors whom I wish used BiggerPockets so I can mention, I don't believe I would have made it thus far relying on some whimsical dream that this will all pan out accordingly, thank you for everything Greg and Lashawn.In addition, I would like to thank Bigger Pockets for connecting me with the greatest realtor @Stephen Schmitt Who took my dreams and aspirations to the core when we first connected and spoke about my future goals to replace my W2 job for financial freedom. within three months of me deciding to pull the trigger and get pre-approved, we found this killer cash-cow that apprised over purchase price!!!
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25 December 2024 | 12 replies
A tenant lost his job at the same time as his wife, I met with them and found out they had family in Atlanta thay could move in with, but didn't have the money to get there.
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26 December 2024 | 10 replies
Martin the property management argument isn't really an argument if you look at the bigger picture that most investors don't want to manage their properties anyways because they are spending most of the time on their main job.
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15 December 2024 | 1 reply
This would be a tedious task to do on a daily basis.
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31 December 2024 | 13 replies
I guess my challenge right now is to define the strategy and balance all the factors, such as job and population growth (value increase), cashflow (demand & supply market, interest rate, property tax, maintenance cost), and risk control (insurance etc).
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20 December 2024 | 27 replies
However, in the case of safe unpermitted units there is a state sponsored agency (HCD) that is tasked with getting jurisdictions to comply with the various laws regarding providing housing units.
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23 December 2024 | 15 replies
The potential liability from having someone do a job they are not licensed to do far outweighs the cost-benefit.
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26 December 2024 | 8 replies
You have to be an active manager and many current owners are not wanting a second job and are selling.
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30 December 2024 | 20 replies
You can tell who is actually passionate about their job and passionate about the market usually pretty quickly.
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30 December 2024 | 103 replies
I started him on handy man tasks.