Bruce D. Kowal
The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
16 January 2025 | 1 reply
Assuming:40 hours: W2 job56 hours: Sleep21 hours: Basic daily tasks= 51 hours potential REI timeđź’ˇ Pro Tip: It's not about finding time; it's about allocating the time you have strategically.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers. Â
Ricky Moore
First-Time Poster Seeking Advice: How to Approach Heir About Inherited Property
16 January 2025 | 2 replies
Any advice, tips, or scripts for making the initial contact and navigating this process would be greatly appreciated!
Jose Morales
Can I do a portfolio loan on my 5 low valued rentals?
31 January 2025 | 4 replies
Unfortunately each one is worth 25k. thank you  traditional lenders are not going to finance these properties.
Ricky Hernandez
Turning a New Build into a Rental Property
6 January 2025 | 7 replies
Ask the builder or their legal representative for a copy of the CC&Rs (Covenants, Conditions, and Restrictions) or any supplemental documents specific to the development.Financing Considerations: If you’re financing the property, some loan types have limitations on renting out a home within the first year.
Don Konipol
Passive Investor Strategies vs Active Investor Strategies
24 January 2025 | 3 replies
In tip top shape both in the mechanical systems, design, and upkeep2.
William Nast
The big dream: Aspirations of a young man.
10 January 2025 | 6 replies
The have interviews, tips, and tricks to getting started.
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
Focus on running a clean operation rather than perfect technical compliance.Pro Tip: Your biggest risk isn't the IRS - it's partners who might complain to the IRS.
Thanh Lu
How to screen guests who book directly instead of Airbnb, VRBO, etc
15 January 2025 | 12 replies
For payments, tools like Stripe, PayPal, or booking software like OwnerRez work well.Happy to connect if you’d like to chat more or need additional tips!
Luisa Morejon
What to do with the proceeds of the sale of my home?
31 January 2025 | 21 replies
With syndications many operators are using finance magic to juice returns, but that can result in full wipeout on the investors.
Leon George
New to BP Community
24 January 2025 | 13 replies
One other thing to keep in mind is that you have more financing options on 2-4 units than you do on 5+ units.