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23 May 2024 | 43 replies
@Alexander Merritt IMHO low end rentals are only suitable for local investors that are in the landlord business and are going to scale up and own as many as they can get 100's have your own PM and maintenance and that's the ONLY way in my mind that stuff will work over any amount of time.buy the best that you can if your just starting out.
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21 May 2024 | 4 replies
We use a company called Scale Virtually that is a VA company that works in the real estate space.Good luckGino
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22 May 2024 | 74 replies
And like Chris notes, if you start getting added to a dozen syndicator lists, all of whom are buying large-scale, Class B, Value-Add Multifamily deals in the suburbs of major metros, and 2-3 are projecting 30% returns, 2-3 projecting 20% return, and the remainder are in the mid-teens, I would really dig hard as to what is going into those 20-30% projections.
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20 May 2024 | 16 replies
You’ll make more and they don’t charge enough to make a profit as their goal is to scale.
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21 May 2024 | 8 replies
Really love @Bryce Jamison's reply emphasising the risk tolerance scale!
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20 May 2024 | 6 replies
I was lucky enough to see him speak at the Boardroom Mastermind on how he scaled REI nation.
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20 May 2024 | 5 replies
Properties that can be quickly renovated and put back on the market are likely to capture this existing demand.28305 though experiencing a slight decline in inventory, saw an increase in sales, particularly in larger homes, suggesting that despite lower availability, demand remains robust.Potential Saturation Challenges: Despite a surge in single-family home permits, areas like 28303 and 28304 may grapple with market saturation, necessitating strategic flipping approaches to navigate fluctuations in supply and demand.Recommendations:Emphasize nimble, smaller-scale flips in areas like 28303 and 28304 to mitigate risks associated with potential market saturation.Average Sale TimeZipApr 2023Apr 2024CHANGE2830156 Days30 Days-47.00%2830361 Days33 Days-45.80%2830450 Days17 Days-64.80%2830576 Days39 Days-48.30%2830672 Days30 Days-57.70%2831169 Days34 Days-49.90%28312124 Days51 Days-58.80%2831451 Days23 Days-55.00%28303: Focus on 2 to 3-bedroom houses, as these are currently experiencing robust growth in sales prices and demand.
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19 May 2024 | 1 reply
I would be looking at about 50 K loan and can go upto 12 % interestTo be clear this is only for future ..most probably next year when I start to scale
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19 May 2024 | 5 replies
I am hoping to like many others build up a good retirement through real estate and are looking for opportunities to learn good practices, soft skills and gain confidence and build repeatable systems that can scale.
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19 May 2024 | 9 replies
We'll do 25+ deals in the market so agents and GCs see an opportunity to scale and they treat the relationship with a ton of respect.