Nathan Gesner
Real Estate Syndications: Who's Taken the Leap and How Did It Pay Off?
17 December 2024 | 36 replies
There are also a lot of people who have good sales skills that have started getting into the business.
Megan Alan
House Hack Newbie in Oregon
26 November 2024 | 18 replies
Everyday RE investors achieve success with just basic math skills.
Jose Remor
Leaving a property management company.
25 November 2024 | 18 replies
I have some web design skills (I'm an engineer, so easy to learn new programming languages) and I'm currently testing my new system to manage the tenants.
Erich Hatch
Estimating Rehab costs
26 November 2024 | 9 replies
You also need to be able to rely on project management skills to manage the project to stay on track.
Kenroy Bernard
New primary residence
22 November 2024 | 15 replies
It sounds like you’re in a solid position with your skills, VA loan access, and local handyman expertise.
Rene Hosman
Help us help you by letting Dave Meyer review your deal or potential deal!
23 November 2024 | 11 replies
Yes if you have any deals you're looking at to get a second opinion and hone your skills of deal analysis I highly recommend submitting a deal for Dave to maybe review.
Brian J Allen
The Dunning-Kruger Effect in Real Estate Investing
20 November 2024 | 4 replies
Their perception of their skills far outweighs their actual knowledge, leading to costly mistakes.The other path is paralysis: they begin to realize how much they don’t know and become stuck, afraid to make a move.
Marie Paul
New Real Estate Investor Here!
21 November 2024 | 23 replies
They then use their new knowledge and skills to take on bigger projects which they then BRRRR to scale more aggressively.I don't know a lot about North Carolina but I know there's investors there seeing great success.
Sarah Moore
Crazy Idea to get started. What do you think?
24 November 2024 | 19 replies
This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.
Joshua Herrera
New and Looking to Get Into STR
21 November 2024 | 15 replies
They go over a lot of the fundamentals that I completely agree on as a high skill operator in this space.