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8 April 2024 | 23 replies
I would venture into markets in the mid-west, build a solid foundation, and start doing the BRRRR method.
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7 April 2024 | 5 replies
I know the general basics of the market, the business model, etc, but I was hoping to take my knowledge to the next level.My biggest goal right now is to own a rental property before I graduate college (currently a junior in high school).For context, I love reading books about investing and personal finance (I have a very solid foundation of knowledge built up) and I currently have a portfolio of about 11k between stocks and crypto.
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6 April 2024 | 7 replies
We basically build our foundations on mud and clay here so movement is inevitable.
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7 April 2024 | 3 replies
You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
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5 April 2024 | 1 reply
We NEVER had a problem with mice chewing the plastic (over the last 12+ years).One method of keeping the lil critters out is to parge around the foundation on the outside.
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10 April 2024 | 59 replies
If you're planning on building an ADU or JADU 'yourself', my suggestion is to make sure you have some previous knowledge of construction and also make sure you know good sub-contractors in the following trades: electrical, plumbing, foundation, roofing, framing, drywall/paint, stucco, tile, cabinetry, flooring, HVAC, concrete, etc.The last thing you want is poor quality work that has to be re-done because a handyman or the wrong tradesman did the work.
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6 April 2024 | 4 replies
Yesterday, I posted my standard notice on the front door advising the occupants that the place has been sold, to call me, and that if I don't hear back, I may initiate an unlawful detainer or if the place is vacant that I may change the locks, along with a copy of the deed.The property looks barely habitable (hot water heater is on the back porch (which looks like it's about to fall off its rotted post foundation), sheets of drywall and plywood out front, tons of beer cans and collection notices on the front door, and rotted siding/wood on one side of the house.
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5 April 2024 | 1 reply
Before diving in, it's crucial to grasp the basic types of real estate investments:Residential Properties: Investing in homes where people live, ranging from single-family homes to multi-unit apartments.Commercial Real Estate: Involves properties used for business purposes, such as offices, retail spaces, and warehouses.Industrial Real Estate: Includes manufacturing buildings, storage units, and distribution centers.Land: Buying undeveloped land with the prospect of future development or resale.Step-by-Step Guide to Starting in Real Estate InvestingStep 1: Education and ResearchThe foundation of successful real estate investing lies in understanding market trends, property valuation, and the economic factors influencing real estate prices.
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5 April 2024 | 2 replies
Raised foundations tend to be easier to add bathrooms because plumbing can be moved under the house such as from an existing laundry room.
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4 April 2024 | 2 replies
I always like recommending David Greene's Pillars Of Wealth book as a great foundation for you to build your real estate portfolio on top of.