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20 January 2025 | 3 replies
And while a 1031 exchange isn’t an option, some people explore alternatives like installment sales to spread out taxes or even tweaking the investment structure so your returns are treated as interest instead of equity.There are definitely some creative strategies out there.
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29 January 2025 | 7 replies
We have adult kids.
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22 January 2025 | 8 replies
Explore the possibility of doing liability insurance instead, if you don't have much equity it may be your best, and much cheaper option.
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19 January 2025 | 7 replies
To minimize upfront costs, explore down payment assistance programs, creative financing strategies like seller financing, or rent-to-own agreements.
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24 January 2025 | 2 replies
Very odd to see a 19 year old kid In the real estate investing world i feel like, but the sooner the better.
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20 January 2025 | 2 replies
Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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20 January 2025 | 1 reply
Also, you could also hang out at some local ice rinks where people take their kids to hockey practice!
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16 January 2025 | 1 reply
It’s great to hear about your goals—wholesaling is a fantastic way to build capital and experience for rental properties and flips.I’d love to connect and explore how we might work together to grow our businesses.
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8 February 2025 | 49 replies
If I were in your shoes and aiming to build a portfolio while still working, I'd focus on strategies like BRRRR that let your capital work for you while building both cash flow and long-term value.Happy to discuss more if you have specific questions or want to explore Detroit as an option!
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17 January 2025 | 7 replies
Quote from @Jared Haxton: Hi BP Community,I own a 2-bed/2-bath condo in Prescott, AZ (near Embry-Riddle Aeronautical University, hospitals, and medical facilities), and I’m exploring selling it via seller financing.