Alex Collins
2025 1st Quarter 1st REI!!!
4 December 2024 | 9 replies
Maybe you are really handy and enjoy putting in the sweat equity.
Edward Suess-Hassman
How to Start Out in Real Estate Investing in a High Cost of Living Area
4 December 2024 | 33 replies
@Edward Suess-Hassman you won't be able to cashflow if you buy Class A or B property - unless it is a:1) Desperate seller and you get well below market price2) A major fixer-upper that you can invest your sweat-equity inYour other options are:1) Invest in Class C - but only do if you undertand 20-25% chance of tenant nonperformance and a lot of maintenance issues.2) You invest in another part of the country.DM us if you have more questions.
Sam Huang
Slow progress & delayed gratification to Financial freedom
27 November 2024 | 8 replies
.- We have busy but well paying jobs and don't like to spend time in building sweat equity (BRRR, flip), so will take a slightly low maintenance approach and buy relatively newer properties in B class neighborhoods and use property management for day-to-day operations.Goal:- To get to $10K/month net profits with real-estate (today's currency) in 15 years when we plan to retire.
Seth Rose
Out of state BRRRR steps
4 December 2024 | 31 replies
If you've got a higher price rental deal (multiple units), with a LOT of equity in it (I like 50% and above for deals I'm gonna sweat over), and after refinancing my return on the equity position in the property is going to be 20% or above I'll consider it.
Ryan Ronnander
Proxy bidding possible through another entity? - Wayne County Auctions (Michigan)
25 November 2024 | 2 replies
Hey Ryan, I know there are some folks that provide this service but I'm not sure exactly how it works and how much trust is involved.If it's any consolation, I wouldn't sweat it too much.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
Also, there is no ability to put in sweat equity and get an increased return (like with directly own real estate).
Kelly Lane
House hacking into real estate
27 November 2024 | 8 replies
Acquiring a property that needs rehab allows you to build that sweat equity once you rehab it.
Shawn Callan
How am I supposed to buy a 2nd house!
4 December 2024 | 17 replies
You have to get contractor bids to qualify, but ten you can do the work yourself after closing and build sweat-equity.2) Be very picky about the next property you buy and make a bunch of lowball offers to find a motivated seller, willing to sell under market.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Sweat equity is the best way to grow in this industry with that amount of money.
Kristin Boekhoff
Practical Questions for Small Multifamily
25 November 2024 | 8 replies
Would you wanna be doing laundry while you're sweating?