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28 December 2024 | 13 replies
The quicker you can take action on the high dollar value decsions the quicker you will be able to grow.For sure take the time to setup the right foundation, but keeping it simple and easy when you are getting going is a safe bet!
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30 December 2024 | 7 replies
Unless you are confident in estimating the renovations needed, I would highly recommend getting a contractor's professional opinion of the rehab costs.
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3 January 2025 | 12 replies
My suggestion is to buy a property worth more than $1M since anything cheaper for 4-plex will not be high quality.
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28 December 2024 | 7 replies
@Tomas Falcon highly recommend you chat with @Samuel Eddinger!
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30 December 2024 | 7 replies
Since tax bills are for entire parcels (typically, though not always) then it is highly unlikely that they somehow segregated the taxes for that small portion and paid it.
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25 December 2024 | 12 replies
Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.
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31 December 2024 | 76 replies
The risk is too high of losing everything.
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6 January 2025 | 15 replies
Raleigh's current market isn’t known for many off-market deals in high-appreciating areas, as sellers here know they can still get top dollar by listing.
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27 December 2024 | 20 replies
The truth is that New Jersey, especially Northern New Jersey, is a tough investment market due to low inventory, high competition, and high taxes.
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3 January 2025 | 26 replies
Here are some key steps to get started with the BRRRR method:Keep Learning: Stick with reading and watching videos from experts like David Greene and Brandon Turner.Get Your Finances in Order: Save up for a down payment, check your credit score, and look into getting pre-approved for a loan.Research Markets: Find neighborhoods with growth potential and high rental demand.