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26 February 2024 | 28 replies
Put your popcorn away because for now I am exercising the Lincoln Leadership method.
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25 February 2024 | 28 replies
I "get" those acting from the crayon-box of simplicity in "payoff debt, get to 0, then maybe, someday, start" but truth is, for the disciplined, strategic, methodical persons, yes there is a better way that get's debt free AND builds LT wealth generation all at same time.
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23 February 2024 | 3 replies
I think the other methods you mentioned can be just as if not more profitable as storage again depending on strategy, deal and execution.
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23 February 2024 | 3 replies
With this method you would have a total of 3 properties your (primary, accidental property, and new investment property).If you are interested in getting rid of the accidental property doing the 1031 exchange tax wise would be more beneficial to do than just selling the accidental home and not using the funds to purchase a home of equal or greater value.
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23 February 2024 | 2 replies
Hi, I purchased a house using subto method in St Louis Missouri.
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23 February 2024 | 3 replies
This rental property will be designed with a keen focus on generating a healthy cash flow.Project Blueprint:Budget: Allocated at $200,000, covering construction and all related expenses.Focus: To merge energy efficiency, durability, and tenant comfort with cost-effective construction strategies, making the rentals both affordable and sustainable.Location: Currently scouting – I'm open to suggestions and insights on ideal locations supporting this vision.Strategic Planning:Efficient Design & Planning: I'm considering compact, multi-functional layouts to optimize space usage and incorporate cost-saving construction methods without compromising quality.Sustainability & Efficiency: The plan includes investing in top-notch insulation, air sealing, energy-efficient systems, and sustainable materials to reduce the building's carbon footprint and operational costs.Budget Management & Cost-Saving Initiatives: Careful budgeting and exploring value engineering options are crucial, alongside seeking out grants or incentives for energy-efficient building projects.Community & Sustainability Goals: To create shared amenities to foster a community feel and implement systems encouraging tenants to monitor and reduce their energy consumption.Seeking Community Insights on:Cost-Effective Building Strategies: How can I ensure the project remains within budget while achieving high sustainability and efficiency standards?
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23 February 2024 | 6 replies
It's the BRRRR method (Buy, Rehab, Rent, Refinance, and Repeat).
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23 February 2024 | 26 replies
(There are other methods, but they become more circumstance specific and less likely to accomplish).
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22 February 2024 | 16 replies
I'm hoping to meet & talk to some other local investors here who have experience in flipping, using the brrrr method, in long term rentals, just real estate investing in general.
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22 February 2024 | 4 replies
I am a beginner investor and am planning on following the BRRRR method.