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16 January 2025 | 2 replies
A little about me: i’m new to the real estate world and eager to learn everything I can to build a successful investing journey.
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18 January 2025 | 9 replies
You're on the right path to success!
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12 January 2025 | 185 replies
In my mind you MUST have the cash to these mortgages off if your going to engage in these transactions.
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16 January 2025 | 1 reply
But it's YOUR money, and Real Estate, to put it mildly, is a contact sport).Month 5: Deals & Network (15-18 hours/week)Submit first offersAttend 2-3 REI events monthlyBuild social media presenceKey Goal: First offer acceptedMonth 6: Scale & Automate (15-20 hours/week)Delegate initial tasksEstablish morning/evening routinesCreate follow-up systemsKey Goal: Sustainable weekly schedule🚫 Common Pitfalls to Avoid:Overcommitting earlyNeglecting W2 responsibilitiesSkipping system creationTaking on too many mentor calls✅ Success Markers:Consistent daily actionsGrowing networkClear systemsNo work conflictsSteady deal flowMaintained energy levels👉 Action Steps This Week:Audit your current scheduleBlock 2 hours dailyChoose your power hour (morning/evening)Set 30-day milestoneGeneral Comment: obviously not everyone will follow these suggestions.
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7 January 2025 | 27 replies
Interest only loans allows them to get a goal profit of $500-$600 per month per property.3) Each acquisition would require 20-25% down at an 80-100K purchase price. 4) Closing costs, and the Eric Spofford turn-key transaction fee of 10K would be in addition to the down payment and were not included for the purposes of calculating the cash-on-cash return.
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26 February 2025 | 69 replies
I think they will continue to see success in their niche but they should be careful about letting these issues become too commonplace.
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14 January 2025 | 1 reply
What's the highest success percentage method to find a previous tenant's new address for this?
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24 February 2025 | 72 replies
It's a cash cow and I have been doing it Extremely successfully since 2006.
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10 January 2025 | 12 replies
This means there are no checks and balances to ensure all transactions are entered correctly.
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14 January 2025 | 1 reply
Has anyone been successful with rentals without windows?