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22 January 2025 | 25 replies
It sounds like you are circling the relevant issues with focusing on the material participation hours and clearing the threshold for either 500 hours or at least 100 hours and more than anyone else.
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16 January 2025 | 9 replies
@Tannia CastroRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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5 January 2025 | 4 replies
Once you know who in your circle has $ to invest, you then need to understand their risk to reward level so you know what deals fit their bucket.
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7 January 2025 | 1 reply
Early on in my career, I saw a close frend do something similar.. she borrowed from her circle to finance a rural fixer-upper, then paid them back once she refinanced after the rehab.I’m guessing that massive yard plus the barn is already a big selling point for your tenant, especially with a family that wants a little extra room for animals.
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19 January 2025 | 41 replies
let them know you want their official answer for posts and information is posted on social media and the newspapers before you post anything so they have a chance to review it.
13 January 2025 | 41 replies
.: I would never give the party on the opposite end of the transaction POA over the property, or my social, DOB etc.
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18 January 2025 | 11 replies
Feel free to DM me if you'd like more insights on all this (we don't do biz in Alabama so got nothing to lose).Here's some other "copy & paste" advice on how to search for a better PMC:----------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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12 February 2025 | 27 replies
She was being diplomatic and didn’t say specifically it was me and the other Multi Family Mindset student but we got the impression he was trying to get us pushed out of it so he could move in and get a bigger percentage.A month or so went by and then next thing I know we had to learn by a social media post that my Multi Family Mindset coach had a new deal with the two former students who we had partnered with on this same deal.
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18 January 2025 | 15 replies
For the past two years, my primary income has been my Social Security, and my home is fully paid off.
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7 January 2025 | 5 replies
I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.