When I started, I used a $64K HELOC, and today, I’ve grown it into a $3,000,000+ portfolio.That being said, BE EXTREMELY PICKY with your first property.

Sale to sold ratio is 5:1 wow but price is flattening without reduction of seasonality ; basically this market is bought by in-migration from NYC/MA area pretty much, it's not an organic growth.

from those I know the way they got going was to buy a 4 plex when it went up in value sell and buy an 8 when it went up sell buy a 16  then a 40 then 100 extra and you need no partners.. you grow it organically. however of course this is not pay 40k and your instantly an apartment owner..

Be prepared with bank statements, leases, and operating agreements.Next StepsTiming: Wait until after January 19, 2025, to refinance and transfer ownership to avoid violating FHA rules.Consult Professionals: Speak with your lender, a tax advisor, and an attorney to confirm the implications of refinancing and transferring title.Prepare Documentation: Have your property appraised, ensure leases are up to date, and organize financial documents for your LLC.You’re on the right track with your plan, and a few strategic steps now can help you maximize the benefits of refinancing while avoiding complications.

It lacks organization, members are logged into WhatsApp and the community is expected to support one another.

Does anyone have any excel/spreadsheet templates they use for organization and having a place where you store that budgeting and timeline information?

In practice, my business works mainly on referrals and organic leads, and I haven't managed to make ads successful...

If investors attempt to streamline their services, it can lead to a more organized approach to property management, lowers the risk of gaps in insurance coverage or missed tax benefits as well as simplifies communication and reduces confusion.

Some portfolio or private lenders may waive this rule, so it’s worth exploring.While waiting for the 6 months, finalize renovations, stabilize the property with tenants, and ensure all paperwork (leases, receipts) is organized.

Marie Johnson That has to be bought by a qualified non profit organization, and is only allowed by certain investors/lenders.