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17 January 2025 | 9 replies
If this job popped up out of the blue, your intent was not to move within the 1st year, so you may be ok.If you are planning on building a portfolio of homes, it is safest to stick in your home for 12 months to reduce the appearance of potential fraud.
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14 January 2025 | 8 replies
Building small units in small counts is expensive development.
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22 January 2025 | 12 replies
From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.
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6 February 2025 | 1 reply
It's a wholesale deal close to downtown and I want to build a portfolio of duplexes for buy and holds because of the ROI.
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5 February 2025 | 29 replies
Again, that is my opinion, and I'm sure others will claim they are truly turnkey.A turnkey operator finds or builds a property.
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13 February 2025 | 3 replies
I’m Mark, a new real estate investor based in San Diego, leveraging my background in AI-driven lead generation to find off-market deals.I’m currently looking for small multifamily properties (duplexes, triplexes, or quads) to rehab and house hack, to build long-term cash flow while living in the property.Outside of real estate, I’m into fitness, golf, and exploring San Diego’s best outdoor spots.
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3 February 2025 | 1 reply
The more deals you’re part of, the more you learn about:✅ Structuring deals✅ Managing risk✅ Negotiating with partners✅ Handling financingTaking part of a good deal helps you build real-world experience that will pay off big in the future when you do bigger and better deals.3.
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9 February 2025 | 4 replies
As long as the ADU is under 900 sq. ft. and meets the state building code, there will be no variance or special permit needed, so no ZBA or neighborhood meetings.
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2 February 2025 | 2 replies
Quote from @William Dorrough: I currently either purchase and value add large scale multifamily properties or develop, and build ground up my issue with scaling is we have done this without brining in investors i have a great deal flow with a good track record im really looking to do more i have the capacity but have the need for more capital in one way or another Scaling without investors can be tough, especially in multifamily.
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3 February 2025 | 4 replies
I think working with an architect to build something really unique and custom is always the best move if you have the budget for it.