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11 October 2024 | 7 replies
While I agree with what Noah shared about the individual with millions in the bank being able to make the $10K risky investment without a poor outcome impacting them, the capital raisers are not going to the investors with millions in the bank.
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15 October 2024 | 7 replies
Also the interview is a big part of decision making, because most important is to have a person who is responsible and keeps your property clean.We don't look at bank statements, but we do want to see the last pay stub before we sign the lease and make sure the employer and the amount matches the application.
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15 October 2024 | 8 replies
Why we build the same floorplan over and over again:1) Easier for Trades and Faster Build Times: Our trades have been working on the same layouts repeatedly, so they have become more efficient.2) Less Mental Space for Decisions: We don’t spend too much time deciding on which floorplan to build, we focus our time on growing the business and serving our customers.3) Best ROI based on Square Footage: The floorplan we build gives us the best return on investment.
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15 October 2024 | 5 replies
I bought my first house hack while having student loans it was the best decision.
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14 October 2024 | 3 replies
What else would you consider before making this keep/sell decision?
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15 October 2024 | 9 replies
We get solicited by influences all the time trying to stay at our places for free in exchange for a shout out.No thanks.Maybe an influencer can get me to buy a widget but their biased opinion will not influence my decision of where I stay on vacation.
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16 October 2024 | 22 replies
Two good books to read since you're just starting out - Rich Dad Poor Dad by Robert Kiyosaki and How to Invest in Real Estate by Brandon Turner and Joshua Dorkin.You'll need to attend and network at real estate meetups to meet people that are already doing what you're trying to do where you're at.
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15 October 2024 | 34 replies
When I fired everyone, it was because I was doing the majority of the business and with low inventory and poor work ethic, it didn't make sense to run a team when I was the rainmaker and dealmaker.
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15 October 2024 | 5 replies
Hey Geroge - The decision really comes down to your long-term strategy.
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15 October 2024 | 40 replies
Certain investors opt to buy properties on an individual basis, which they subsequently transfer to an LLC when funding is obtained.Ultimately, whether or not to create an LLC before purchasing a property is a personal decision.