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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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31 December 2024 | 4 replies
If it looks like you can subdivide, then you can sketch out a preliminary plan or several variations to give you a sense of how many lots you can build.
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5 January 2025 | 12 replies
We have managed to build a solid liquid nest egg, but I'm hesitant to lock the majority of it up in a low LTV mortgage on a really expensive primary residence.
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24 December 2024 | 1 reply
Hi All,My Team has added Little Rock as our third MSA. We are actively submitting LOI’s and interviewing PM’s, inspectors, and insurance agents. Would appreciate referrals as well as any general insights about the mar...
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31 December 2024 | 6 replies
They'll wait years sometimes for the right down-market cycle to build.
1 January 2025 | 24 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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1 January 2025 | 1 reply
Obviously the end goal is to build my own real estate portfolio, but gotta learn to walk before running and crawling before walking.
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31 December 2024 | 0 replies
These methods include: Detailed Engineering Cost ApproachDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling ApproachExperience or “Rule of Thumb” ApproachIt’s important to understand the differences between the approaches including which one best fits your property and the reliability of each approach.DETAILED ENGINEERING COST APPROACHThis approach compiles the costs from construction and accounting reports to build a report.
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2 January 2025 | 8 replies
Rather than build a portfolio 2-4 units at a time, we want big deals with 5+ MF at or over 100 units.
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31 December 2024 | 13 replies
Right now there're some agents trying to sell me the new build homes, but I've run the number, with the current interest rate it's really hard to get a breakeven cashflow in 5 years.