Nicholas Nocella
New and Hungry!
22 November 2024 | 14 replies
I was a foster child who put myself through college on my own, and I have relied on some good friends for a place to stay as I grew up, which has motivated me to create a better life for myself.I have done a lot of research on real estate, and from my perspective, it seems as if wholesaling, which I feel my sales skills may help with, would be a good place to start to make some extra money to speed up the investing process.
James Landsford
French Drain Install - Labor and Materials - am I getting ripped off
25 November 2024 | 9 replies
I'm in a different area, but I just paid a plumber ~$200 an hour to do some work....clearly I am in the wrong profession, but I know equipment and skills are needed.
Megan Alan
House Hack Newbie in Oregon
26 November 2024 | 18 replies
Everyday RE investors achieve success with just basic math skills.
Erich Hatch
Estimating Rehab costs
26 November 2024 | 9 replies
You also need to be able to rely on project management skills to manage the project to stay on track.
Jose Remor
Leaving a property management company.
25 November 2024 | 19 replies
I have some web design skills (I'm an engineer, so easy to learn new programming languages) and I'm currently testing my new system to manage the tenants.
Vivan Bhalla
RentToRetirement.com Review - Beware of this scam
16 December 2024 | 43 replies
My contractor is a skilled tradesman who won't beg me for work or give me discounts even though I told him I am an investor cry cry cry...
Kenroy Bernard
New primary residence
22 November 2024 | 15 replies
It sounds like you’re in a solid position with your skills, VA loan access, and local handyman expertise.
Rene Hosman
Help us help you by letting Dave Meyer review your deal or potential deal!
23 November 2024 | 11 replies
Yes if you have any deals you're looking at to get a second opinion and hone your skills of deal analysis I highly recommend submitting a deal for Dave to maybe review.
Sarah Moore
Crazy Idea to get started. What do you think?
24 November 2024 | 19 replies
This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.
Brian J Allen
The Dunning-Kruger Effect in Real Estate Investing
20 November 2024 | 4 replies
Their perception of their skills far outweighs their actual knowledge, leading to costly mistakes.The other path is paralysis: they begin to realize how much they don’t know and become stuck, afraid to make a move.