Bruce D. Kowal
The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
16 January 2025 | 1 reply
Assuming:40 hours: W2 job56 hours: Sleep21 hours: Basic daily tasks= 51 hours potential REI time💡 Pro Tip: It's not about finding time; it's about allocating the time you have strategically.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers. Â
Augusta Owens
Planning my process
9 January 2025 | 5 replies
I'd say just start your search with all 2-4 unit properties, and when you find one where the numbers make sense and it checks your other boxes (somewhere you actually want to live and house hack), then it probably makes sense.Â
Ashley Mierez
What are investors looking for from wholesalers?
7 January 2025 | 7 replies
Sometimes making a smaller profit and providing value is far better than holding out for a bigger payday on a bad deal, I like that.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
They've neglected their recordkeeping all year long and now find tax time to be very stressful.Â
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
Just wondering how many folks would really use this that are like I said not really educated on how title and escrow works and I find East coast folks to be highly reliant on closing attornies and have very little knowledge of title and escrow functions..
Steven Catudal
Partnership split help
18 January 2025 | 10 replies
I am the boots on the ground and provide all of the time and my partners supply the money.
Anthony Poulin
Starting a Long Term REI Business Starts Today! Lets go!!
17 January 2025 | 6 replies
Meetups - Our events page is a great place to start, some areas of the country are far more active about posting their meetups than others, if you're not finding anything here meetup.com is a great place to look as well.
Jonathan Baptiste
How to stock your airbnb best practices
15 January 2025 | 15 replies
However, we have a higher end market so it always struck me as strange that we'd only provide such a small amount since it doesn't cost that much more to provide more.
Scott L.
Where to advertise/post a 44 property SFH portfolio for sale?
8 January 2025 | 4 replies
Last but not least....A few members in replies have already mentioned why it makes sense to hold…….I very much appreciate ALL FEEDBACK, however I think it will be helpful to provide some added context as to why I am absolutely certain (and my CPA’s are convinced as well) on my decision to liquidate the entire portfolio and onceAs I educate clients on daily, income tax brackets as well as long term capital gain tax brackets in our country are more favorable right now than they've been at any point in the past 80 years.
Daniel Summer
Investment Opportunities in Memphis
16 January 2025 | 8 replies
I have five houses in Memphis area, and the biggest problem has been finding a good property management company.Â