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9 June 2024 | 40 replies
Thanks-Scott Eadie Hello 👋 Scott Eadie…….It’s great to have you here on BP…….And to everyone whose shared there bits and for not judging nor undermining his abilities to survive the ocean waves of RE….Good thing is everyone believes you can achieve it if you can dream it…But do ask yourself, are you ready, are you willing to take up the journey?
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11 June 2024 | 46 replies
The underlying architecture of these models makes them best for chatbots & translators (matching word meanings/uses across various languages and translating based on positional/usage probability).I understand in 10 years there might be an Ai that can do this, but right now, these tools are useless for achieving anything of substantial complexity (meaning anything from medium-large coding projects to properly valuing a home, or even calculating the proper $/sf avg in a zipcode), so I don't understand why you repeatedly advocate for their efficacy in this REI space?
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6 June 2024 | 3 replies
Still, even breakeven with nothing down is quite an achievement IF you’re NOT paying an over market price in exchange for the owner financing of what would normally be your down payment. Â
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7 June 2024 | 14 replies
@Courtney Barnes this sounds like a a great goal, and it is absolutely achievable if you do your research and buy the right property.
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5 June 2024 | 9 replies
Quote from @Christian Styles: Hey Zachary, Welcome to BP!
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9 June 2024 | 35 replies
But even if not, the real world application of understanding business may be of help in real estate style business albeit not required by any stretch.
6 June 2024 | 3 replies
It’s possible it achieves positive cash flow as an Airbnb but I worry about the down months and other risks associated.
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6 June 2024 | 3 replies
@Heather Little A few things to consider and understand:What is the purpose behind achieving REP status?
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5 June 2024 | 18 replies
.- **Set Clear Goals**: Define what you want to achieve with your real estate investments.
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6 June 2024 | 57 replies
@Nathan G.Good question. 12,500sf: I have found that that is the min number of square footage where you can automate a facility and still achieve close to maximum efficiency with expense ratio.