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25 February 2025 | 29 replies
@Grace Tapfuma I have no idea how things work in Australia but if I were you in the US…Don’t sell the business.Businesses usually sell for a much lower multiple of their products income than real estate does.To be honest, you’ve built out a lot of infrastructure to create a successful business and maybe reinvesting in it would create a much better return on investment.For which you could reinvest those future profits into real estate, once you’ve scaled your business into a money making machine that isn’t so dependent upon YOU to drive the bottom line.I had a friend (38 years old) just recently sell his medical device company for $30M dollars and now he’s using this chapter of his life to passively invest in real estate ventures.Meanwhile, I’ve been toiling out here for 19 years as a real estate investor and I’ve built a portfolio worth $18M and have a net worth of $5M at 41 years old.Sometimes the grass isn’t greener on the other side.Correct me if I’m missing something!
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17 February 2025 | 11 replies
This targets family’s between homes, either because they just moved to the area; have a definitive time work contract; current house is being rebuilt/remodeled/repaired; students with “rich” parents; recent separated/divorced who needs space for children visits; Houston medical center stays; etc.
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10 February 2025 | 12 replies
Understand the local permitting requirements, keep eyes on your property to avoid squatters, and make sure you have a great vacant insurance policy while you're renovating.
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9 February 2025 | 7 replies
It was honestly to keep an eye on the vacant place.
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7 February 2025 | 6 replies
As many of you can probably relate, this book opened my eyes to the power of the dollar, and it got me interested in real-estate.
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7 February 2025 | 6 replies
Pretend your getting the hardest rain you have ever seen and imagine where the water is going.I would also keep an eye out for sewer lines and type of material.
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12 February 2025 | 8 replies
@Cyndi Lees the thing that catches my eye in your post is that it would require quite a bit of work to get it started as a rental.
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21 February 2025 | 6 replies
Real-estate Rookie here, I am going to try to make this as concise at possible.There is a mixed commercial unit for sale in my market that I have had my eye on for awhile.
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21 February 2025 | 14 replies
A PMC is like insurance - how long would you choose for your family to live without medical insurance?
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30 January 2025 | 10 replies
I am a resident physician in dermatology, during medical school I bought a property in Denver with an Interest rate of 2.75% (COVID rates lol) with the goals of renting it out when I moved onto the residency.