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9 January 2025 | 21 replies
BP has done such a great job of promoting SFR investing to the masses, that those masses have pushed up real estate prices to where it's now DIFFICULT to cashflow right away.Keep going, but understand you won't get rich in real estate overnight - it's a long-term wealth building strategy.For the short-term, recommend joining a few in-person investor meetings if possible, otherwise online ones.
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3 January 2025 | 7 replies
They may be a great resource for you to start building connections.
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6 January 2025 | 4 replies
I had to drop a rental by about 10% and an apartment building I'm invested in that we were helping to lease up we had to drop 25%.
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2 January 2025 | 2 replies
She approached me an indicated her landlord was selling the building and would I be interested.
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12 January 2025 | 7 replies
A personal liability policy "MAY" extend to one or two rentals but if you are planning on building a portfolio consider the commercial umbrella.Another thing to consider is that the courts frown on carry high personal liability but low business liability when trying to hide behind the vail.
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5 January 2025 | 24 replies
The same prop is trying to remove the no rent control on new builds and no rent control between tenants.
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5 January 2025 | 1 reply
Without actually building the 3rd unit, would this new triplex eligibility increase my property's value?
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3 January 2025 | 2 replies
Making effort a top priority, I was able to put up some satisfying numbers.On the phone [from 11 July 2024]:📞 11,005 Calls🏘️ 2317 Addresses Reached📌 50* Leads Generated🔎 7* Properties to due diligence phase📆 2 Scheduled Closes💰 1 Closed*Denotes: Database did not track metric from Day 1.The last 6 months have given the groundwork to build on.
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12 January 2025 | 7 replies
In other news, it may be tempting to purchase a waterfront property at a deep discount along the Western Coast but beware, you might get flooded in the next hurricane unless you want to do a teardwon and build on stilts.
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13 January 2025 | 16 replies
Rentals was not a thought to me in those days I was a land flipper.. had absolutely no interest in being a landlord.. and basically still dont to this day :) yes I have some rentals for tax purposes but not really for wealth building purposes.