
8 August 2024 | 11 replies
What are everyone’s thoughts on the best STR markets to invest in now that will experience the most growth and appreciation in 2025-26?

7 August 2024 | 5 replies
I understand this is more of a specialty task to delegate.

9 August 2024 | 7 replies
Additionally, successful investors typically build a solid network and due diligence practices to minimize potential losses.Reinvestment: Using financing means you can reinvest the profits from one project into multiple new ones, potentially accelerating your growth.

8 August 2024 | 6 replies
., the roofers, the fireplace repair crew, and the carpet installers), there were numerous instances when Bildwise and its subcontractors did not complete tasks in a workmanlike manner.

9 August 2024 | 5 replies
I'd say, if you aren't too far in the negative with the property's expenses and you are able to see growth in the area's future, then go for it and don't get discouraged if you face difficulties in the beginning.

9 August 2024 | 8 replies
A mentor can accelerate your growth, no matter what level you're currently at.
9 August 2024 | 9 replies
More units means more things could go wrong.So, while I agree with Greg, that if you are in growth mode and want to get to 100 or 200 or 1,000 units (although unit count is not the best measure of success) then more debt with longer amortization is going to help you get there faster.

8 August 2024 | 29 replies
@Roy Gottesdiener What you don't cover is the growth potential for the six single family homes you currently own.

9 August 2024 | 18 replies
Here’s the plan I’ve come up with, and I’d love to hear your thoughts on its feasibility, potential risks, and any improvements you might suggest.The Plan1.Pay Off Mortgage: I currently have $170K left on my mortgage, and my goal is to aggressively pay it off in the next 1.5 years.2.Establish Emergency Fund: Before making any big moves, I’ll set aside 6-12 months’ worth of expenses as an emergency fund.3.Extract Equity: Once the mortgage is paid off, I’ll pull out the equity from the property.4.First Flip: Using the extracted equity, I’ll purchase another house, fix it up, and sell it for a profit.5.Reinvest Flip Profits: Instead of buying another property immediately, I’ll use the profits from the flip to renovate the original property, aiming to increase its rental income and appraisal value.6.Reappraise and Extract Equity Again: After renovating, I’ll get the original property reappraised and extract additional equity based on its increased value.7.Purchase Rental Properties: With the additional equity, I’ll start purchasing rental properties that offer positive cash flow and have growth potential.8.Leverage Equity Strategically: I’ll use equity from the original property and any new properties while maintaining a healthy loan-to-value ratio (LTV), ideally around 70-75%.9.Build Rental Portfolio: I’ll focus on acquiring a mix of property types (e.g., single-family homes, multi-family units) to diversify my investments.10.Focus on Cash Flow: I’ll prioritize properties that generate consistent positive cash flow, ensuring that rental income covers all expenses, including mortgage payments, maintenance, and management fees.11.Long-Term Hold: I’ll hold properties long-term to benefit from appreciation and tax advantages.

8 August 2024 | 2 replies
They've shown stable growth and they're affordable.Feel free to reach out if you would like to talk about the Pittsburgh market more in depth.