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6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
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11 January 2025 | 11 replies
I'm going to follow this to see what tips folks provide.MikeHey Mike, I am actively investing there so feel free to reach out with any questions!
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10 February 2025 | 7 replies
If so, shifting that to the tenants at the time of lease renewal is another great way to decrease her overall debt service.Other good ways to increase revenue in the mean time:- Raising washer/dryer prices. this may only equate to $4-$5 per unit per week, but its better than nothing- If there are any unassigned parking spaces, meaning not attached to any lease, make them paid only any offer them to tenants at a new fee.
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23 February 2025 | 1 reply
Hey guys, my family has done a couple rentals in the Birmingham area and want to know what are the good areas that have worked for yall!
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17 January 2025 | 3 replies
I want to be able to find potential markets/listings nationally based on the return.
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2 February 2025 | 10 replies
And to Lynnette, no, "Renewable energy is very expensive to develop."
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8 February 2025 | 2 replies
There's no statutory or common law basis to force the builder to provide plans.
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6 February 2025 | 7 replies
Welcome to BP Marcus and good luck investing!
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16 February 2025 | 9 replies
Best of luck to you.
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20 January 2025 | 3 replies
If you are trying to do this in Newark, you need to know the market of that particular set of blocks so you don't overdevelop for the farm area.