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11 April 2024 | 3 replies
Hi Rob,What is the scale of project you are looking to get into?
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12 April 2024 | 8 replies
So far I've gotten the numbers to work but the more I build my portfolio and scale, I'm trying to figure out ways to make my life easier.
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11 April 2024 | 6 replies
I feel bad when people get sucked into sub-par turn key deals when there are much better options for investing in real estate more passively like investing in syndications or being a financial partner on smaller scale deals with another investor who wants to put in the work but needs the capital (I partner with people like this).
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11 April 2024 | 2 replies
My biggest thing is with the options below, what puts me in the best shape to Grow/Scale?
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10 April 2024 | 2 replies
This idea scales for any idea when you're trying to get work done on multiple properties; I need gutter work and a guards to be put on two properties, but most of these estimate generators are for a single residence.
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10 April 2024 | 15 replies
It fits within our buy right criteriaWe own 12 units right next door.Newer vintageThe three beds are in high demand, and we are blowing away the 1% ruleThere is very little cap exWe focus on PPU (profit per unit), and this is going to profit nicely and add to our scale in that part of the marketExit strategy is to refinance our capital out when rates drop, and to hold long term.You have to be willing to take what the defense gives you, and you have to understand all of the investing strategies and know when to use them2021 and 2022, we only did about 200 units, smaller deals, but very profitable and we’ve refinanced all of our capital.2023 was an excellent year. 128 units, 105 units, and 97 units.If you aren’t doing deals, you can always be improving operations, meeting more potential investors, and creating more relationships.Life is like real estate.
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10 April 2024 | 11 replies
If you have good tenants in place and have systems developed you can pocket that money monthly until you scale significantly.
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11 April 2024 | 8 replies
Finding the right GC/crew and scaling with them is your best bet.
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11 April 2024 | 15 replies
This was due to the economies of scale, and efficiencies I just couldn't get myself.
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11 April 2024 | 7 replies
We can look at the photos, but we don't know the general scale of that development.