10 October 2024 | 0 replies
As a real estate investor, you need an agent who understands the local market and how it ties into your strategy.How to Approach a SellerThere are several ways to approach a potential seller if you are actively looking for an off-market property.
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14 October 2024 | 37 replies
Gets deeper from there, but that's the high-level.My goals included being work-optional well before the traditional retirement ages tied to retirement accounts, so therefore the places I put my money needed to afford more flexibility.
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7 October 2024 | 4 replies
But after holding it through, rents picked up, and he ended up in a much stronger position than if he had sold early.Pat
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10 October 2024 | 9 replies
It ties up your liquid assets into a property, slowing down your ability to grow/scale. 2.
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6 October 2024 | 1 reply
Ensuring that each partner feels their contribution is valued will lead to a stronger, more cohesive partnership.Good luck,Drago
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6 October 2024 | 1 reply
Networking with other professionals is crucial because it opens doors and provides insights that may not be apparent on the surface.Resilience is key, as market fluctuations and setbacks are inevitable, but those who adapt and learn from challenges come out stronger.
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6 October 2024 | 1 reply
You can also directly use the BP Marketplace to find potential JV partners or buyers, which is a great way to connect with people who are already looking for investment opportunities.In addition to online forums, attending local real estate meetups and conferences can give you face-to-face interaction with potential partners or buyers, which often builds stronger relationships.
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12 October 2024 | 25 replies
You will always compete with locals, but with one hand tied to your back.Agree with @Eric Fernwood's post- which BTW he always puts that much thought and work into his posts!
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11 October 2024 | 40 replies
If you want to be an LP on 2-3 deals lets say to get you started, typically GPs are asking for $50,000-$100,000 cash that will be tied up for 3-5-7 years on each deal...of course there are exceptions where maybe you can put in $5000-$25,000, but those are more rare, and you're probably not going to become a millionaire with $5000 investment.My thought is before you commit a big chunk of money is go to one of the 2-3 day seminars probably for $300-$1200 or so and network like crazy.....go armed with a list of questions to ask people.
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14 October 2024 | 420 replies
Court ties you up for a year to a year and half with no guarantee of the outcome.