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7 December 2024 | 150 replies
@Brian Winberry: Mind clarifying your Branson deal, you foreclosed and 90 days later sold it on the steps, assuming for more than the note balance was.
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28 November 2024 | 4 replies
Keep in mind, most offmarket/distressed deals are traded offmarket before they even hit the auction block.
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28 November 2024 | 5 replies
I'm fine if things get drawn out weeks/months, and would not mind building personal relationships with Banks.
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28 November 2024 | 2 replies
There's been a few Houston developers on Biggerpockets podcast episodes.One that comes to mind is Donovan Adesoro.
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1 December 2024 | 31 replies
If you can establish a solid network (even virtually at first), and maybe leverage your savings to buy a property with rehab in mind, the reward could be the path you're looking for to make those five-year goals a reality.Of course, the risks are there, but if you're comfortable and see the upside, it could be worth leaning into.If you need more insight into BRRRR execution or anything specific about market selection and building a remote team, feel free to ask.Hope that helps!
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5 December 2024 | 34 replies
Now keep in mind nothing in RE is for sure..
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1 December 2024 | 4 replies
Also, be prepared for paperwork and some level of bureaucracy, but keep in mind that if you’re willing to work through it, the rewards can be substantial.
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2 December 2024 | 34 replies
. :) Never crossed my mind and probably not yours either.
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1 December 2024 | 377 replies
Harv Ecker- Secrets if the Millionaire Mind- that’s a great book about your inner game of wealth and getting to your why!
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5 December 2024 | 37 replies
$500,000 after taxes is likely close to $325,000(maybe more or maybe less).Assuming cash-flow from rentals is offset by depreciation, you would need $325,000 of annual cash-flow from the rentals.If you can get $200 / door / monthYou would need 135 doorsYou can work on this type of math to figure out how much rentals you need.Be mindful that rentals require some type of work.