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4 December 2024 | 6 replies
@Cameron Porter +95% of the land bank inventory is already picked over by the time it hits the public.The only people we know that have bought ALL went over budget and only the increasing market covered what would have been losses.So, proceed VERY carefully!
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9 December 2024 | 0 replies
Our all in construction was $360k (If we had to do it again, we wouldn't spend the $10k to install the fence where we always do for our other investment properties.
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7 December 2024 | 11 replies
I live in Asheville, NC and also have experience/ spend time in Austin, TX and New Hampshire.
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6 December 2024 | 12 replies
The key is really focusing on the right neighborhoods, knowing your numbers, and being patient for the right opportunities.As for the fix-and-flip market, the lower entry costs can definitely make it a great place to start, but you've got to be mindful of renovation budgets and timelines.
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10 December 2024 | 39 replies
What is not known is how much time and effort you spend to run this business as if you take the $85k and minus salary(ies) to run it, then what would it net gain you?
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11 December 2024 | 34 replies
Though I appreciate the idea of finding online resources and studying them, I find that a curated, tried and true formula (if it works) is much more worth my time than spending time trying to find which resource works best and then spitballing the ideas until something sticks.
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2 December 2024 | 3 replies
One project went sideways, two went as planned, and two were slightly over budget.
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9 December 2024 | 11 replies
I am thinking of moving to Pricelabs soon as I am spending a lot of time tweaking rates almost daily.
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4 December 2024 | 0 replies
The more time you spend on administrative tasks coordinating with multiple service providers, the less time you get to spend on managing your properties, finding new potential investments and increasing your financial returns.Tax strategies and property insurance are two areas that are highly customizable because no two portfolios are identical.
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30 November 2024 | 16 replies
If you have the time and effort to spend I'd recommend house hacking locally to you.