10 December 2024 | 13 replies
If you could pay retail and make a good return, then literally anyone can do it.What you need to do is identify your area.

16 December 2024 | 8 replies
I don't have the skill set YET to gauge rehab costs and try to BRRRR, but I'd like to learn.This is definitely a choice but my option is that you will do better if you focus on duplexes and cherry-pick a few SFRs as you come across them.As for your Strengths, it sounds like you have an excellent ability to save and your ability to bulk analyze data will serve you well to identify big-picture areas, property types, and characteristics to focus on.I like that you realize the first investment will not be your best investment.

11 December 2024 | 7 replies
Start to see what makes one more than the other you might have one site looking at quartz counter tops with huge living rooms and the other looking at plastic counter tops, being able to identify this will help you identify where your property could sit.

11 December 2024 | 4 replies
Keep in mind that these homes are sold "as-is," so a thorough inspection is crucial to identify any potential issues that could affect your renovation budget and timeline.Special Requirements:Freddie Mac has a "First Look Initiative," which gives owner-occupant buyers an exclusive opportunity to purchase homes before investors can submit offers.

13 December 2024 | 16 replies
They said they couldn't identify an IRA as the owner of an account and were uncomfortable with this unconventional request.

12 December 2024 | 6 replies
This helps you identify which factors drive the best returns and make confident, informed decisions.It’s also important to test your numbers with scenarios like higher vacancies, unexpected expenses, interest rate changes, or rent adjustments over the years.

8 December 2024 | 0 replies
Knowing this information will help you identify the right professionals to bring on board.At minimum, your team team should include:Financial Advisor: to help with investment strategies - portfolio diversification and risk management.Real Estate Agent/Broker: to help with property acquisition and market analysis.Accountant or Tax Advisor: to help manage financial records, tax planning, and optimization.Attorney: to provide legal counsel for contracts, agreements, and investment structures.Mentor or Coach: to offer guidance, insights, and industry knowledge.Networking and Relationship Builder (for everything else you will need): to connect you with potential partners and collaborators.

11 December 2024 | 34 replies
I feel like having some good experts helping me clearly identify best practices and targets for success (instead of guessing) to be extremely helpful.

9 December 2024 | 0 replies
After identifying the property’s potential, we negotiated a competitive purchase price of $28,000 by highlighting its renovation needs.

15 December 2024 | 13 replies
I identified a nice cabin in a nice area that I was going to offer $500k to STR it.