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19 October 2024 | 4 replies
Now, I’ve come across several off-market properties with strong potential, and I’m looking to scale by raising capital.
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24 October 2024 | 139 replies
Your contract should specify the grade of the materials and on the important stuff actually designate what you want.
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18 October 2024 | 1 reply
Know your numbers..REFINANCE - With our no seasoning requirements you can refi and pull cash out once rehab is complete, rather than waiting the typical 6-12 months that most lenders require.REPEAT - Use those cash-out funds to put your money back to work and scale your business.Partner with a lender who understands the needs of BRRRR investors!
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16 October 2024 | 2 replies
I'm on the fence with a mid grade carpet that gets replaced with each tenant, versus a higher quality that can stand up to stains and cleans well.
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17 October 2024 | 5 replies
Starting out, I would like to focus on small multifamily (2-4 units) and then scale into larger investments.
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22 October 2024 | 18 replies
Leveraging tax benefits like depreciation to scale your portfolio, combined with smart 1031 exchanges, helps you compound your investments.
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18 October 2024 | 7 replies
I would say you are already a little out ahead of your skis because you are talking about growing and scaling without even understanding the partnership and real estate portion of your prospective business.
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17 October 2024 | 7 replies
I know how to get fantastically accurate estimates for simple single-family deals but was wondering if anyone had advice on where to start for running numbers for 50+ unit deals.Also, if anyone has any advice on helpful systems and technology - or for managing larger scale real estate businesses to be a valuable partner, I'd gladly listen.
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19 October 2024 | 16 replies
Obviously, multifamily has so many more advantages than a Single family home, but can have more barriers to entry.I would start by learning the business, learning how to syndicate and use seller financing, and then focus on two things if you want to invest in multifamily: Sourcing capital and sourcing deals.More units allows you to hire staff and create some economies of scale.
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17 October 2024 | 5 replies
When it comes to financing, especially for repeat BRRRR deals, it’s important to work with lenders who understand the strategy and can help you scale.