We scraped the old house and we build new home, where the houses are selling close to the $1.8M What was the outcome?

Whether it’s sharing ideas, insights, or exploring opportunities, I’m all about building relationships with like-minded investors.Looking forward to contributing and learning from this incredible community.Best,James That’s impressive what you’re doing.

The 5-10 it gets heavier and a lot busier, and 10-15-20 it really is untenable to self-manage especially if this is not you main business like a person buying their own rentals and building it like a small business. 

If you want good contractors out there quickly , pay their price and pay it quickly . 12 months is too long , we can build a 3000 sq ft house ground up in 3 months . 

Curious as to thoughts on building ADU’S for equity in LA / SoCal market.3.

But I was lucky to get into the cabin building and I'm doing the same with the cabins that I did building my rental portfolio.

On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.

That is a great nest egg to build upon, and it diversifies your wealth.

Do we try to just buy a modest house through foreclosure or some other screamin' deal, house hack, then build up our portfolio from there?

Build a financial history with your LLC.