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1 February 2025 | 7 replies
OPI would assess your fire potential first.
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30 January 2025 | 13 replies
Nights, weekends, holidays, etc.To keep this on-topic, though...DO figure out what's healthy for you to manage but remember it's a process where every experience teaches you good and bad (and be patient with that process).DON'T sweat the small stuff (damage/costs under $50, undisclosed dogs, etc.) but DO find a way to learn, prevent, put in better practices to maintain your sanity.
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16 January 2025 | 1 reply
Assuming:40 hours: W2 job56 hours: Sleep21 hours: Basic daily tasks= 51 hours potential REI time💡 Pro Tip: It's not about finding time; it's about allocating the time you have strategically.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.
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1 February 2025 | 13 replies
.: Quote from @Robert Ellis: Quote from @Brandon Blackmon: Hello BP Community,I want to start flipping homes in my market, and potentially out of state, and I want to know how to budget for a General Contractor.
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7 February 2025 | 11 replies
Do you have a potential DSCR scenario that you're looking to apply for?
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18 January 2025 | 21 replies
It's a good practice to overestimate costs and underestimate after-repair values (ARV) to keep your expectations realistic.
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9 February 2025 | 11 replies
Look at occupancy rates, average daily rates, and competition to understand the potential for success.Property Management: Consider how you'll manage the property remotely.
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27 January 2025 | 6 replies
Private money lenders are not always individuals (my company, for example), nor do they confine their lending practices to friends, family, and other investors they know.
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11 February 2025 | 9 replies
I’ve had a few tenants and potential tenants complain about the difficulty to signup, and sign the lease.
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17 February 2025 | 69 replies
Your insights into the importance of a knowledgeable capital partner and the potential of these projects are valuable.