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6 January 2025 | 4 replies
I work at my brothers business as a independent contractor , he has an accountant for this business is necessary for him to to this job or i can do it myself.
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9 January 2025 | 21 replies
BP has done such a great job of promoting SFR investing to the masses, that those masses have pushed up real estate prices to where it's now DIFFICULT to cashflow right away.Keep going, but understand you won't get rich in real estate overnight - it's a long-term wealth building strategy.For the short-term, recommend joining a few in-person investor meetings if possible, otherwise online ones.
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15 January 2025 | 3 replies
Focus on building cash flow and equity while targeting value-add opportunities to transition into shopping centers and strip malls over time.Good luck!
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18 January 2025 | 15 replies
@Monty Alston It has some impact but no lenders will give you credit for having experience building a home unless you have built or renovated a home in the last 3-5 years.
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2 January 2025 | 2 replies
I spent a decade in advertising, before founding and running a custom wood shop for another decade, so 'm pretty good at the self-promotion.I agree with you that the more gorilla approach would be most effective and that's actually what i've been doing – calling RE agents in my service area with active listings, introducing myself to property managers and leasing agents...To answer your question, I will have to handle the work myself for 6-12 months to build out the SOPs and field service management systems, but I have a lot of relationships for those looking to "do the work".I'll check out the meet up and would love to grab a cup of coffee, I'll shoot you an email.
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14 January 2025 | 1 reply
You can also find commercial brokers that are in that space and build the relationship.
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10 January 2025 | 6 replies
I'm in Columbia, South Carolina by the way and no I'm looking to build in another city but in South Carolina.
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16 January 2025 | 7 replies
There's always more to learn and building a network is essential to growth and success.
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5 February 2025 | 16 replies
I live in Lebanon, IL and this property is also in Saint Clair County in Belleville.I plan on managing this at first, but want to build a proper amount into my budget.What would you recommend for budgeting for in terms of good property management in this area?
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3 February 2025 | 26 replies
It sounds like you've been through a challenging process, but it's great that you're continuing to build your portfolio!