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17 February 2025 | 6 replies
While I don’t know their program or them, I’ve yet to see a mentorship program that cuts the time necessary to obtain the knowledge required; that has a monopoly on any tactic, strategy or technique that’s not common knowledge; and or that provides any ongoing “help” that’s anything but “basic”.If you’re not well versed in principles, finance, and law, either read books on these, attend college classes, or take a course(s) leading to real estate broker (salesman) licensure.
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23 February 2025 | 2 replies
I'm new to real estate investing I didn't even get started yet, I'm just looking for a way to get my foot in the door because I know if I don't I never will
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12 February 2025 | 29 replies
I don’t know why anyone would take that risk for little reward.
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7 January 2025 | 2 replies
There is plenty that goes into flipping. But to be successful and profitable, takes some distinct characteristics:1. There needs to be demand. Are other flippers working in the area or will you be the only one. Don't ...
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18 February 2025 | 4 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
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11 February 2025 | 2 replies
The guest suggested re-visiting this list every three months, or "quarterly".I know that I heard of the idea on a (recent?)
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18 February 2025 | 8 replies
I guess they know that.
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19 February 2025 | 8 replies
He has been alongside me on the other deals so I’d like to give him equity/skin in the game and I don’t know how else to do itQuote from @Basit Siddiqi: Getting a property with a partner / friend will not help you from getting hosed on taxes.I wouldn't move forward - You mentioned beng a high income earner so your hourly rate is very high.
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11 February 2025 | 20 replies
If you are looking for a hard money loan for a rehab project, let me know.
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13 February 2025 | 12 replies
To dovetail on this point, on the spectrum of investor friendly agents (that also invest), the better agents will want to know they are using their time wisely.