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15 December 2024 | 30 replies
Instead, an individual should strive for self-growth and initiative and be aware of how they can add value to members of their team or those who have helped them.
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4 December 2024 | 2 replies
Only an experienced individual or professional should try this.
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1 December 2024 | 2 replies
However, this is a totally new space to me- Any advice for how to go about looking for a lawyer who works with individual investors and won't break the bank?
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5 December 2024 | 6 replies
Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.
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3 December 2024 | 6 replies
One feature that I would love is to be able to see this on the main search page so you don't even have to navigate to an individual listing.
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3 December 2024 | 3 replies
Individuals who bought real estate during a recession have seen their property values and cash flow nearly triple. #2 avoid sowing seeds of failure in the good times - Many investors fail due to investing in prosperous markets.
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6 December 2024 | 12 replies
The type of your business or the fact that you are paying them as an individual does not take away the requirement to file 1099s."
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4 December 2024 | 30 replies
I'm genuinely asking to understand the use case for my self for an individual investor.Re. balance, as someone who is a former CPA and has prepared financial statements for multi-billion $ funds, I understand the important of a balance sheet.
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30 December 2024 | 89 replies
I noticed a lot of what people are saying that the experience and the way I talk seem like I am going in without a lot of knowledge, and my biggest obstacle is experience.I am making up for that gap of experience by doing things like this, talking to successful individuals like yourself and everyone else on this thread.
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5 December 2024 | 11 replies
A strong partnership is built on trust, shared values, and aligned goals, so it's not something to rush into.I recommend attending in-person networking events to meet like-minded individuals.