Tonio Pearce
Should I create a baseline template business plan?
23 December 2024 | 9 replies
Absolutely, creating a baseline business plan is a crucial step when starting in real estate (or any field) because it provides clarity, direction, and a strategic foundation for your efforts.
Alan Asriants
Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
So pivot to an option that the underwriting depicts a return that justifies the effort and risk.good luck
Danny Goss
Starting out + choosing a strategy
26 December 2024 | 6 replies
The BRRRR strategy is doable for a newer investor, but it requires a lot of effort, consistency, and hands-on involvement—it's not exactly a passive way to invest.Whichever route you choose, if you're taking on the bulk of the work to analyze deals and select the best ones, it’s important to ensure your partnership reflects the time and energy you’re putting in.
Felicia Richardson
2/1 With No Washer & Dryer Connection
25 December 2024 | 11 replies
You cram all your responses in to one post and save time/effort @user2That way you can thank @user3 for his commentTell @user4 their comment was uselessAsk @user5 to elaborate on what they meanAnd so on to @user6 and @user7.
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
I think the patent Tanisha received is well worth the effort.
Vaughn J Smith
Single family home (former rental) for sale in slow market
20 December 2024 | 10 replies
There is little to no cash flow so there’s more risk than reward for my efforts.
Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
I had no money to put down on any properties, so I learned (a lot) and put in a lot of hard work and effort to get some properties under contract.Initially, I had no clue what I was doing, but I had the help of some people (and I appreciated that)I made mistakes that cost me around $30k (lost a deal due to my ignorance regarding title and escrow)The good news with wholesaling is that it doesn't take a lot of capital upfront, and you can start talking to sellers and learn about the industry in general.The other good news is that you can without a doubt generate revenue quickly if you do things correctly (having a good TC / title / escrow connection that keeps deals moving on the backend)That said, there are a few points that I've come to live by:1.
Lionel Quiambao
How Fast of an Internet Speed
20 December 2024 | 6 replies
That's too much effort required to earn a few dollars on a short-term stay.
William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
It’s also helpful to know that a T-12 is essentially an income statement or P&L, which gives me a clearer sense of how to approach it.Your feedback on Yardi is interesting too—it’s good to hear that while it has its limitations, with some effort, you’ve been able to tailor the reports to suit your needs.
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
If you are doing something with less effort that is "doing it faster" but not "working faster".