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16 January 2025 | 3 replies
Join local real estate groups, attend seminars, and participate in online forums like BiggerPockets to connect with other investors, lenders, and professionals in the field.## Additional Resources- Check out the BiggerPockets podcasts and webinars for more insights on these strategies.- Read books like "What Every Real Estate Investor Needs to Know About Cash Flow" by Frank Gallinelli to deepen your understanding of real estate investing.- Use local real estate agents who are familiar with investment properties to help you find the right deals.You're taking the right steps by seeking knowledge and networking.
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29 January 2025 | 20 replies
You are basically doing a flip first, which requires a whole different set of skills.)So, with $50k revenue, if you hire a PM, they charge 20%, so you give up $10k right away.
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4 February 2025 | 12 replies
Several questions that will allow financial professionals/planners to help you make an informed decision include: what are you paying in rent?
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29 January 2025 | 22 replies
While living with tenants can pose challenges like privacy concerns and tenant relations, clear boundaries, professional management, and proper tenant screening will help you succeed.
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25 January 2025 | 6 replies
I would have to have a walk through with a professional to give me an appropriate estimate.
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16 January 2025 | 4 replies
Transparency and professionalism are core to how we operate, and we ensure all properties have clear, insurable titles before closing.
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8 February 2025 | 34 replies
The age would give me pause unless a skilled, complete reno has been done.
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15 January 2025 | 34 replies
Haven't any of the financial professionals noticed that something was wrong?
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20 January 2025 | 6 replies
Focus on areas with sustainable taxes and long-term rental demand, targeting groups like college students, young professionals, or travel nurses.
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29 January 2025 | 10 replies
That said, I do this with a a few investors on rentals since I'm a Realtor and Property Manager where I am boots on the ground for purchase, rehab and lease-up, however we had a strong professional experience/life together before partnering.Lending will also be a consideration as most lenders are hesitant to lend to non-citizens given the foreclosure challenges it can pose.