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6 October 2024 | 1 reply
You’re already familiar with the BRRRR method, and scaling up to a 20+ unit property can provide economies of scale and potentially higher returns.Acquisitions, on the other hand, are like BRRRR for businesses buying underperforming businesses, improving them, and reaping the profits.
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7 October 2024 | 3 replies
If you're providing all the hands on work and your partner is the money, there's pro's and con's to each.
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7 October 2024 | 39 replies
Is it more that you are hands-on with your UT property since you self-manage?
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7 October 2024 | 6 replies
REI offers steady cash flow, appreciation, and tax benefits, while business acquisitions, similar to the BRRRR method, can provide higher returns through operational improvements but carry more risk and require hands-on management.
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7 October 2024 | 12 replies
What might help you for the next attempt is to read (BP's book written by yours truly--The Hands Off Investor), and network (join a community where investors discuss deals, trade advice and observations--coming soon will be Passive Pockets, an offshoot of BiggerPockets which recently acquired the popular passive investing group Left Field Investors).
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6 October 2024 | 1 reply
It’s fair for the capital partner to handle these financial contributions since they aren’t bringing management or hands-on skills.Whatever structure you choose, make sure all contributions and profit-sharing are clearly outlined in a legal agreement to avoid any potential misunderstandings down the road.
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7 October 2024 | 5 replies
You are just starting out. you want to invest out of state, not locally.You want to skirt/evade the law.You want to engage in a rent model that requires a hands on referee at all times, remotely.You want a rent model that has strangers living with each other, raping/murdering/stealing from/harassing each other, without any ability to intervene.
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7 October 2024 | 190 replies
A handful of other senators sent a letter to the treasury telling him to back off trying to ban private wallets.
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8 October 2024 | 10 replies
While convenient, it’s not necessary to pay that much unless you want the hands-off approach.Since you’ve already set up an LLC before, you can absolutely do it yourself again.
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4 October 2024 | 9 replies
Hello everyone,I am new to real estate and am currently trying get my hands on my first deal, however, I am torn between two pathways.