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16 December 2024 | 8 replies
I don't have the skill set YET to gauge rehab costs and try to BRRRR, but I'd like to learn.This is definitely a choice but my option is that you will do better if you focus on duplexes and cherry-pick a few SFRs as you come across them.As for your Strengths, it sounds like you have an excellent ability to save and your ability to bulk analyze data will serve you well to identify big-picture areas, property types, and characteristics to focus on.I like that you realize the first investment will not be your best investment.
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17 December 2024 | 16 replies
So if the partnership would not be allowed to purchase the entity together and I were to buy it, if we were to force our way down this road, would be to set up a legal agreement beforehand, I would buy the property since a partnership can not, and then the exchange for ($$ + assigned roles + etc), my partner receives 50% equity?
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15 December 2024 | 25 replies
If it’s not a partnership or other entity then the balance is not that important, but if you’re already reconciling books and have A solid set of books it’s best to provide the balance sheet.
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18 December 2024 | 10 replies
@Guenevere F.When I started in rental property investing, I found it crucial to set clear goals, leverage existing skills, and focus on scaling gradually.
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24 December 2024 | 25 replies
My focus is on purchasing a single-family home to set up a lake house or cabin to own and self manage from my home in Bergen County, NJ.
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17 December 2024 | 11 replies
.- You can create a Meeting, but use it to also take notes and set task reminders.
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18 December 2024 | 20 replies
What this means is that the bidding starts at a set percentage rate and the bidding goes down.
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19 December 2024 | 13 replies
We are a growing market with low unemployment but you will see a lot of the rental income going to covering expenses and setting aside reserves.
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15 December 2024 | 1 reply
I set clear rules: no cooking, but guests could use a microwave, toaster, and coffee maker.
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17 December 2024 | 5 replies
If you are looking to just obtain the 25% redemption rate set by the state for properties that are limited to 6 month redemptions.