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7 October 2024 | 1 reply
I would have really liked to invest where i live, but Minnesota really does not have the price point for neighborhoods that will help scale Brrr.As I am just starting out i would like to start in zipcodes which are not already exhausted with Brrr investors.
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11 October 2024 | 3 replies
Scale over time by building relationships with lenders and investors, networking with agents, attending REIAs, and learning direct-to-seller marketing strategies.
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11 October 2024 | 4 replies
Its a good question and lots of resources here on BP to learn - generally going the "conventional" route with mortgage loans from private lenders that conform to GSE (Fannie Mae) standards is great for your first few, then many switch over to "DSCR Loans" when they start scaling towards property number 3,4,5 etcI recommend talking to Jeff Welgan at Bluprint home loans to talk to to learn about the conventional options https://bluprinthomeloans.com/jeff/Also feel free to check out these resources on "DSCR Loans" which don't use DTI at all and are really good for scaling:BP-Published DSCR Guide!
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11 October 2024 | 3 replies
I have tried on a small scale and I was able to sell 50kg bags at around $15 local and at $20 to $30 at the market place.
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14 October 2024 | 22 replies
Focusing on one property offers higher-quality, lower management complexity, and easier scaling.
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11 October 2024 | 30 replies
Or, who knows, maybe just scale up.
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11 October 2024 | 10 replies
Better quality product, better installation, and making relationships is invaluable if you plan to scale.
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10 October 2024 | 2 replies
Plus, it’s an option you can always scale back from as you get more comfortable.Exit Strategy Matters: Plan ahead for what you’ll do when you’re ready to move.
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11 October 2024 | 9 replies
In the rare circumstances that large-scale events prevent or legally prohibit completion of a reservation, the Major Disruptive Events Policy (the “Policy”) may apply.
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11 October 2024 | 8 replies
He started out just doing cosmetic fixes on a few single-family homes, but after connecting with other GCs and forming partnerships, he ended up getting into some pretty large-scale developments.For you, being in Bryan/College Station, there are a few standout companies that you might want to connect with if you haven’t already.