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5 December 2024 | 2 replies
Expect to spend a considerable amount of your time speaking to people.Expect to work dozens of hours/week with little to no immediate result.Expect most of your early interest from potential clients to come from your sphere of influence.Expect to go 3-6 months without getting paid (unless you do rentals which usually pay faster)Expect to be bombarded with distractions - mainly, people/companies marketing to you so that you choose their system for quick and easy buyer or seller leads.
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2 December 2024 | 4 replies
Both poverty and riches are the offspring of thought”Mans Search for Meaning: - “What matters, is not the meaning of life in general but rather the specific meaning of a person’s life at a given moment”The Richest Man in Babylon: - “To attract goodluck to oneself, it is necessary to take advantage of opportunities” - “Men of action are favored by the goodness of good luck”The Millionaire Next Door: - “Looks can be deceiving”
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3 December 2024 | 16 replies
So for the conservative busy professional that just wants to buy a clean house that is the attraction to turn key..
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7 December 2024 | 14 replies
Log cabins take a lot of maintenance ( mainly oiling them if your in an area with high temps) I owned one at one time it was beautiful and the wood interior was very inviting.
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9 December 2024 | 20 replies
This should be required reading for new investors, drooling over the great cashflow they will make buying crappy houses in crappy neighborhoods that attract crappy tenants.
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3 December 2024 | 2 replies
The main issue I've come across is that everything in this price range would be cash flow negative.
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5 December 2024 | 8 replies
If you’re really set on building a portfolio, this might be a good way to go since it’ll give you the liquidity to take on more properties.BRRRR: If you’re leaning towards long-term rental income and portfolio growth, the BRRRR method could be an attractive option, but you’re right to consider the numbers carefully.
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30 November 2024 | 5 replies
Be vocal about the deals you are finding, money attracts hustle and deals.
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26 November 2024 | 4 replies
I have a tenant in Maine who refused to leave after her lease expired, and multiple notices were given saying she needed to leave after it expired.