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27 January 2025 | 35 replies
Here is my simple Top 5:1.Review the market – Understand the trends and conditions in the area.2.Analyze the property and the numbers – Ensure the deal makes financial sense.3.Visit the property – There’s no substitute for seeing it firsthand.4.Meet the team – Whether it’s your property manager, builder, or contractor, relationships matter.5.Complete inspections and appraisals – These protect you from costly surprises.If all these boxes are checked and the numbers work for your goals, then it’s likely a solid deal.
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27 January 2025 | 56 replies
It’s simple, people who spend good money on the home of their dreams don’t want STR’s next door to them.
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7 February 2025 | 49 replies
They had proffers up there but things you would not be taught - when you have a project site you have to use police officers and not flagman.
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16 January 2025 | 6 replies
In my opinion, making an offer site unseen is not a risk.
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7 February 2025 | 41 replies
Let's keep it simple.
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16 February 2025 | 22 replies
If you haven't already joined the social media sites (same name as the book), I highly recommend them.
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24 January 2025 | 6 replies
Platforms like BiggerPockets, local REI meetups, and Facebook groups can connect you with investors seeking opportunities.Joint Venture Partnerships: Consider partnering with a seasoned developer or investor who can provide the capital while you contribute your vision and operational effort.Hard Money Loans: If you’ve identified a property, some hard money lenders may fund the purchase and development based on the future value (ARV) of the project.Crowdfunding Platforms: Sites like Fundrise, Groundfloor, and RealtyMogul cater to real estate developments and could be a great way to gather capital.Seller Financing: If the land seller is open to it, negotiate terms to finance the purchase directly with them.2.
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1 February 2025 | 4 replies
But, more commonly, they bring in the capital, maybe do a site visit before closing, and ultimately just forward an investor email to the main operator, then forward the response to the investor.
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21 January 2025 | 40 replies
The Rentastic (and other RE focused systems) do seem way more simple, and user friendly than QBO.