Now, I’m diving into the niche of land investing.When I was pursuing the BRRRR strategy, one of the aspects that made scaling seem feasible was the availability of hard or private money lenders.

I suppose here is a good time to ask you all, the “more expert than me-s” in the thread: on a scale of “5% return standard deviation bond market” to “15% return standard deviation stock market”, where would you put the unleveraged, post expense rental income of a well managed (aye, there’s the rub) SFH portfolio?

And then I would use trust deed and promissory note to get a loan with lower interest rate this is how all lenders work banks HML private money lenders if they are scaling.. 

After picking a handful of areas of interest, it took me about 6 months to work on the deals that met the numbers I mentioned before.Now its time to scale!  

Focusing on just a few markets gives you efficiency at scale with your team and process.

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.

Now that we have significant equity positions in renovated, stable properties, we want to move into even better neighborhoods with better schools and we'd like to scale our business by purchasing newer and larger multi-family properties (rather than groups of duplexes).

I think diversity is great in a portfolio but so is scaling the area you are currently doing well in.

I've helped investors across the US, and with over 150 flips under our family's belt and a growing BRRR portfolio, I've seen what works - and what doesn't.Tap 'View Page' to connect.. whether you're just starting or scaling up, I'll make sure you're talking to the absolute best investor-friendly agent in any market. 

However, have you considered partnering with someone a little larger in scale for a deal or two?