Of course you can raise money from others but then you need bette returns to cover what you’re paying them.Value add apartments can be a good way to scale but you need some serious coin to do that and most people don’t get there in a day.

Real estate is not crypto and loses 20% over night.

My message is "I am just some rando who was able to build the life I want for my family, and if I did, you can do it too." that first sentence is absolute gold.lolas far as people getting in and getting crushed, we can all say that about whatever the new shiny object was. whether it be crypto, STR's, NFT's, etc.

I'm not seeing it.Now, let's look at the other side of the coin: if you are entirely dependent on your income source being from the rental payments, you have them leveraged to your nose (= high mortgage payment), you have little to no reserves and possibly your properties even being in a state that begs for repairs with additional debt (credit card etc) then hell YES, this is going to be a problem if the market turns AND you have tenants no longer being able to pay their rent (issues see above).

Closing on building was no problem with Bank or Title Co in Northern Colorado.

Hi BP, Does anyone have a recommendation for a good property management company in Muncie, Indiana? Thanks,Todd

My worry on each side of the coin is that a lease option may take too long to get a qualified buyer and he gets foreclosed on or with the owner finance it takes too long to assume the note.

On the flip side of the coin, I don't want to own a property that looks like a pig stye and smells like a brewery.

@Grace Porritt, I love where your head is at and would be happy to connect you to more people I know in CO who would like to join your soon-to-be-group.I plan on flying to MI, WA, and CO in the next couple months.

So I say go for it Bo-Bo, light this fire, let's get er done and over with so we can sooner get onto the other side of this coin.