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24 November 2024 | 8 replies
You can learn together, share positive and negative experiences and learn how to be more successful as an investor.
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25 November 2024 | 32 replies
.: Quote from @Chris Seveney: @James WiseI was sitting next to a doctor at a conference who did a private money loan and lost $$200k then he did a jv deal where he became co-owner of a LLC, gave a personal guarantee on the asset and put money in the deal to buy it but didn’t put a lien on property so partner went and leveraged the assets as well and ran off and dr had personal guarantee.They then bought a property and renovated half of it then decided to knock it down….I had a successful shoulder surgeon ask me to list his apartment building that was under-performing.
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25 November 2024 | 7 replies
Just keep in mind, the costs of setting up and maintaining an LLC and the bank account that goes with it, not exorbitant but important to consider.I'm not a CPA or an attorney, but I would suggest taking the time to diligently put together a trusted team to facilitate your long and successful investment journey!
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23 November 2024 | 38 replies
Hello @Amanda Skipper,While there's no better way to truly get a feel for a market than by being on the ground and exploring the neighborhoods firsthand, I want to assure you that investing remotely is absolutely doable—and many successful investors do just that.In fact, I know several investors who have built substantial portfolios in Memphis, and they’ve never physically visited the city, and they've done so successfully by leveraging local expertise, market data, and a solid support network.
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22 November 2024 | 1 reply
They will make or break how successful you are.Cheers!
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2 December 2024 | 33 replies
I've seen investors have success buying in cash and then doing a cashout refi after their purchase to replenish the funds.
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21 November 2024 | 9 replies
For finding off-market properties, PropertyRadar has been a lifesaver for me.On social media, I’ve had success connecting with property owners and fellow investors through Facebook groups and LinkedIn.
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21 November 2024 | 2 replies
Quote from @Patrick Flanagan: Hello, I was wondering if any out there is having success doing spec home builds?
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21 November 2024 | 9 replies
I believe collaboration and shared knowledge/insights are key to success in real estate.
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22 November 2024 | 2 replies
Hello, Anyone here has successfully house hacked in BR with positive cash flow.