Quote from @Benjamin Larabee: Hi all,My wife and I have worked over the last 7 years to build a rental portfolio and are getting to the point where the bookkeeping/data entry tasks are becoming too time consuming.

@Ella Marie the Pro's are you can build long term wealth, the Cons are you can lose money if you cannot properly quantify risk.

They develop, they build, they finance, they property manage, they will have HAO, cleaning crew etc. etc. etc. so the subsidiary companies make money every step of the way.From investor perspective: The investor pay $15 K to reserve the right to purchase 25 multiplex over the year of next 5 years. 5 each year.

This protects your investment and gives you leverage if there are issues.Other Tips:Make sure the lease explicitly defines the move-out date.Conduct a thorough walkthrough with documentation before and after the lease period to avoid disputes.Handling a seller-to-tenant situation can be tricky, but with the right precautions, it can work smoothly.

.✅ Reduces Stress & Burnout – Investing should be about building wealth AND freedom.

Quote from @Kevin Cole: @Andrew BoscoI would like real estate to be a part of my wealth building strategy.

I saw the building has tenant and even upstairs which is direct to roof this one I got in first floor.

The expert you are looking for is called a Land Surveyor, they're going to want 5k-15k, if you want to make any money on your project you need to build a house so you also need an architect, they will want 10k-50k, if you're in a hillside zone you will also need a geologist, they're going to want 10k, you will also need a biologist, they're going to want 2k-5k.

I’m working to build a comprehensive marketing plan for my rental business.

⬇️#AffordableHousing #HousingSolutions #Jacksonville #LegalVictory #PadSplit no one wants to live in these you'd be better off building extended stay with 250 sq ft rooms