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10 February 2025 | 71 replies
It is very unlikely that any successful guru will give you a ton of one one coaching for $1500.00I’m still a potential target for guru marketing and I have seen many different sales tactics.
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4 January 2025 | 14 replies
Done multifamily, SFR, STRs... and finally found the niche that I love the most and believe has the most potential for decades to come.
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3 January 2025 | 18 replies
They don't want the company to be potentially liable if an owner doesn't follow through with the inspections and repairs.After the GFC, we needed the capital investment or they would have had to tear down more houses than the thousands that they already have.
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4 January 2025 | 1 reply
Hi Jonathan,Jay’s Fencing (209-847-3992), Elite Iron Fencing (209-968-6685), and Fletcher Fencing (209-662-8298) are solid options to get bids from and compare.I also offer consulting services to help clients navigate projects like this—whether it’s evaluating bids, ensuring the scope of work is clear, or helping you avoid potential issues during the process.
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3 January 2025 | 12 replies
First, estimate what the renovation would cost, how long it would take, and how much extra you could potentially sell the property for once it’s fixed up.
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8 January 2025 | 16 replies
@Jordan Kaylor, financing aside, how are you going about sourcing potential deals?
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5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
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2 January 2025 | 8 replies
I welcome any guidance, mentoring, and potential partnership opportunities as we progress in our journey.Thank you for the opportunity to connect.
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9 January 2025 | 44 replies
you'll be cash flow negative / losing money, potentially for years and years.
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5 January 2025 | 17 replies
Do you have a step by step list when looking at the potential house?