If you can establish a solid network (even virtually at first), and maybe leverage your savings to buy a property with rehab in mind, the reward could be the path you're looking for to make those five-year goals a reality.Of course, the risks are there, but if you're comfortable and see the upside, it could be worth leaning into.If you need more insight into BRRRR execution or anything specific about market selection and building a remote team, feel free to ask.Hope that helps!

To add, leveraging fix-and-flip or BRRRR-specific financing can help you scale faster without overextending your personal funds.

To reach this specific goal, you will need about 41 loans each at $30K earning you monthly passive income.

When you have a VERIFIABLE record of success within specific property types - and typically specific geographical areas, you MAY be able to attract enough passive investment to begin syndicating smaller type deals.  

Is this issue specific to Baselane or is this something broader that affects other platforms as well?

The three ways to handle the risk are (1) gaining knowledge and experience in both investment in general and in the area you’re investing in specifically (2) extensive due diligence and when the inevitable bad outcomes occur despite (1) and (2) then (3) diversification.  

Should I look for specific types of properties or areas?

I’m specifically interested in properties on the north side of the city in quaint areas along the lakefront time frame is to purchase within the next 12 months.What is your budget?

Hey :)New young investor, trying to buy my first rental, the game plan is a Section 8 rental in DFW.How can I check the demand for section 8 housing in a specific zip code?

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