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19 December 2024 | 22 replies
I'd also recommend diving into books, podcasts, and even attending real estate events to start learning more.Here:Learn the Basics: Study property types, financing, and market trends.Network: Attend events, connect with pros, and build relationships.Find a Mentor: Seek guidance from someone experienced in commercial real estate.Start Small: Look at smaller deals or partnerships to get your feet wet.Take Action: Once ready, start evaluating deals and making offers.
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20 December 2024 | 6 replies
I've already renovated one of the bathrooms, and I’m planning to paint the interior, update the kitchen cabinets, possibly sand the wood floors, build a fence is a corner lot and increase the rent for the room since my tenant is currently renting the entire 3-bedroom, 2-bathroom house for $800 a month.
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21 December 2024 | 6 replies
He had a client who was debating between buying a small apartment building in L.A. or spreading out capital on multiple units in Phoenix.. after running the numbers with a dedicated local realtro who actually drove around neighborhoods, he opted for Phoenix because he could get more doors for the same cost.
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19 December 2024 | 4 replies
Whenever you plan on buying a property in the future, do not take the seller agent word for it always do your due diligence and make sure you get a certificate from the township that clearly states how many units are legally allowed in that building.
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17 December 2024 | 15 replies
I'd start by getting a soils engineer to look at the soils around the building to determine what's gone on to cause the heaving or settlement.
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17 December 2024 | 1 reply
Investing is not just about increasing numbers; it's about strategically building a future that aligns with your financial goals and lifestyle.How many properties are you closing in your portfolio this year?
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17 December 2024 | 12 replies
Pick up the book Building Wealth One House at a Time by John Schaub.
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18 December 2024 | 12 replies
By getting involved in the community and building relationships with long-term residents, you’ll stay top-of-mind for distressed sellers.I hope this helps!
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17 December 2024 | 2 replies
Historically it was used as an office for the previous building owner.
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17 December 2024 | 8 replies
Renovations and Repairs- The property is a ~100yr old brick building and will require some work before its rent ready.