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19 February 2025 | 6 replies
-Explore builder-financing programs, private lenders, or hard money lenders who may focus more on the deal itself rather than personal experience.If you can demonstrate successful project management and a solid business plan, funding will become easier over time.
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19 February 2025 | 5 replies
All the best to you during your last semester.Househacking is one of the most common routes for new investors in NY.For best returns, I'd recommend focusing on South and Southeast Queens, Central and Southeast Brooklyn, and the Bronx.There are parts of the suburbs (Westchester and Long Island) that have househack opportunities but the property taxes are higher and the commute time to NYC is longer.Abel
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14 February 2025 | 0 replies
This allowed BJ & Traci to focus solely on the project without the burden of financial strain.
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10 February 2025 | 11 replies
Ironically, I was ready to let go of multifamily and focus on more lease options, but then my team finally got an offer accepted on a 54 unit.
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15 February 2025 | 3 replies
I’m based in Tampa and run Graystone Investment Group, focusing heavily on helping (out of state) investors find and manage properties here in Florida.Totally agree on the importance of understanding those short-term rental rules in Florida—each area can feel like its own little country with all the different regulations!
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17 February 2025 | 3 replies
My main point is I am working on a solution that will focus on the developer's bottom line.
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7 February 2025 | 8 replies
Stay disciplined, focus on cash flow, and you could achieve financial freedom in 5-7 years.Good luck!
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17 February 2025 | 0 replies
Owners cannot recoup these costs through higher rents, meaning they are effectively being penalized for trying to improve their properties.Instead of discouraging responsible property owners who follow the permitting process and invest in meaningful upgrades, we should be focusing our efforts on ensuring that all renovations are done legally and safely.
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20 February 2025 | 6 replies
I'm still focusing on small multi-families mainly 3-4 units.
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20 February 2025 | 3 replies
Keeping rehab costs in check means focusing on high-impact upgrades like kitchens, bathrooms, and curb appeal, while avoiding over-improving the property.