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26 November 2024 | 13 replies
Doing a BRRR strategy in the house you is not difficult, especially when connecting with local investors already doing it.
25 November 2024 | 3 replies
If you have that experience, look for a local commercial lender.
26 November 2024 | 3 replies
You may also run afoul of local/state laws against people that contact people in foreclosure to buy their home.
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26 November 2024 | 12 replies
Clients are getting much better terms using their local credit union, and generally really appreciate being the good advice and direction.
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26 November 2024 | 11 replies
Thank you Jay, yes in Texas we do not have state tax but we might have some local taxes I might have to pay.
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29 November 2024 | 11 replies
One of the most important skills you didn't mention is networking, which you are obviously doing well at too.I'd recommend connecting 1:1 (zoom, coffee. lunch, etc.) with a couple from the BP Chicago community or better yet check out some of the local meetups: https://www.biggerpockets.com/forums/521-real-estate-events-...Make friends with the meetup hosts...they will often know whos who and can help you make the right connections.Regarding your license, I think it's a great idea if you have the time and are going at it with the right intentions.
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26 November 2024 | 1 reply
I then was offered a position at a local growing investment mortgage bank.
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26 November 2024 | 9 replies
Your best bet if you want to wholesale (I don't know why anyone would) is to find a high volume local wholesaler and work for them for a while before going out on your own.Hello Jonathan,I appreciate your perspective, and I wanted to share more about my situation.
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27 November 2024 | 0 replies
Grants and Subsidies: Research local government or nonprofit programs that offer grants or subsidies for renovations, especially in designated revitalization areas.9.
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26 November 2024 | 6 replies
Connect with local investors and experts for a house-hacking strategy and ensure proper permits for rental properties.Good luck!