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23 November 2024 | 2 replies
I’m eager to learn the process and take actionable steps.I’m particularly interested in acquiring land and identifying creative ways to add value, whether through flipping, owner financing, or long-term holds.My long-term vision includes owning rental properties, possibly starting with a multi-family home where I can live in one unit and rent out the others.I’m also exploring opportunities in modular housing and small community developments to fill a growing demand for affordable yet modern housing solutions.Outside of real estate, I have a background in auto detailing and entrepreneurship, which has taught me the importance of quality, attention to detail, and perseverance.
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25 November 2024 | 13 replies
Costs may disqualify the opportunity even though in theory it can be converted.I believe its important to set expectations and if this is an 8 bedroom RSA5 home just as an example you very well could be looking at a building that's obsolete and again even if it is RM1, depending on the costs of the conversion, still potentially obsolete.
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23 November 2024 | 4 replies
If you are trying to maximize space you may want to consider convertible sofas and/or one that has a pull out option.As far as material my preference would be a darker neutral color microfiber that would be easier to clean.Possibly most important is looking for one that is commercial grade for durability.
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26 November 2024 | 13 replies
However, there are a few important details to consider.
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25 November 2024 | 23 replies
Hopefully you know some local fellow investors, but if not, certainly developing this local network is important and would put an emphasis on that as well.
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23 November 2024 | 9 replies
It's important to choose that one and commit to using it.
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26 November 2024 | 9 replies
I really appreciate hearing a balanced perspective on wholesaling and how important it is to focus on motivated seller leads and building an online presence.To give some context, I’m 20 and live on my own, working full-time.
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23 November 2024 | 5 replies
It is important to note the difference between FHA 1988, and the ADA, Americans with Disabilities act which governs Public Accommodations.
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25 November 2024 | 7 replies
Just keep in mind, the costs of setting up and maintaining an LLC and the bank account that goes with it, not exorbitant but important to consider.I'm not a CPA or an attorney, but I would suggest taking the time to diligently put together a trusted team to facilitate your long and successful investment journey!
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26 November 2024 | 9 replies
I fully support doing everything you can as a landlord to be in compliance of local zoning and ordinances, so I want to use your thread as a chance to let newer investors know a really important lesson: you can call the local municipality prior to owning a property.