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6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
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3 January 2025 | 3 replies
To legalize a curb cut in NYC, your first step is to hire a licensed architect or engineer.
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5 January 2025 | 8 replies
Marcus & Millichap’s report also mentions the importance of universities to Pittsburgh’s rental market, “The considerable number of universities in Pittsburgh will provide a diverse hiring pool for the area’s growing tech sector in 2017 and beyond.
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5 January 2025 | 0 replies
Hiring a contractor to assist with repairs and a property management company to manage rental.
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15 January 2025 | 7 replies
If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.
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19 January 2025 | 269 replies
-> Besides doing your market research, i strongly advise that before any purchase or offer, that you hire professionals to help you in the process.
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16 January 2025 | 40 replies
I intend to continue to scale a bit in this area, but eventually I'd like to either sell or hire someone to manage everything.
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13 January 2025 | 10 replies
It's definitely making me a better investor because I'm able to do my books myself now instead of having to hire a bookkeeper.
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15 February 2025 | 45 replies
They hire them and can fire them, it's not realistic to think there is no pressure on them.
10 January 2025 | 5 replies
I'd like to keep savings and be able to hire out some of the work (something we have not done in the past).My thoughts are to put both into an LLC and look for investors or a business loan, and purchase and move to a new home.