Ella Marie
New and ready to learn hands on
31 January 2025 | 9 replies
The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, Repeat, focuses on long-term investment, while the Fix & Flip approach involves purchasing, renovating, and selling properties for a profit.Investing in Airbnb rentals presents a distinct set of challenges, requiring active management and a thorough understanding of local regulations, but it also has the potential for higher returns.Here is a concise overview of the advantages and disadvantages of each method:Fix & Flip:Pros.- Potential for quick profits - Enhances property value - - Adaptable to market trendsCons.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.
Chris Magistrado
Do Real Estate Agents work Remote?
23 January 2025 | 9 replies
I don't know how you would present any of that to potential clients from thousands of miles away.No, Brokers are not all the same.
Zach Howard
Book recommendations including order of reading.
2 January 2025 | 0 replies
I have purchased the following books:ABCs of Buying Rental Property The ABCs of Property Management The ABCs of Real Estate Investing The Advanced Guide to Real Estate InvestingThe Book on Investing in Real Estate wit...
Elizabeth L.
Has anyone had a successful tenant eviction in Union City NJ?
21 January 2025 | 6 replies
Hearing dates are presently around 1-2 months presently (though obviously that can change).
Stefano Vrolijk
First investment property as a foreign citizen
12 January 2025 | 12 replies
I'd be happy to provide some recommendations and suggestions for your situation as a foreign citizen living in Miami.First, it's important to have a good understanding of the local real estate market, including pricing trends and neighborhood dynamics.
Kris Kempe
Subject to exit strategy PLS HELP
22 January 2025 | 13 replies
When we present a Subto for investors to buy, it has to have enough meat on the bone, all said and done, that the investor will still have equity and the property will cash flow.For instance, I have one I'm working right now, that has a high entry, because the seller wants some cash out to himself, but even with that, the buyer will wind up with $50,000 in equity.
Chris Magistrado
Remote Flipping, is it possible?
29 January 2025 | 10 replies
Now, if she had someone she implicitly trusts to manage it, as though she were present, that might work, but the added costs would probably make the endeavor non- profitable.
Reid Ervin
Partnering with an Investor to Purchase Off-Market Portfolio via Seller Financing
7 January 2025 | 2 replies
The seller is open to seller financing, which presents an incredible opportunity to grow without traditional bank financing.
Stewart Thompson
Seeking Property Management Broker and Experience
31 January 2025 | 3 replies
Even if it's just part time, the key to figuring out how PM is done well is by being present around people who have mastery of the industry.
Ashley Wilson
Pros and Cons of Joining a Coaching Program
27 January 2025 | 29 replies
Many coaching programs include group sessions, masterminds, or events where you can connect with other like-minded investors.