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15 January 2025 | 10 replies
Assuming property taxes + insurance added don't go above $1,100 total, you could maybe make this work.
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21 January 2025 | 40 replies
This is helpful.
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16 January 2025 | 9 replies
You're taking a great first step by joining this group and seeking guidance.
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7 January 2025 | 7 replies
This is true regardless of how long you have owned a vacation rental.
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15 January 2025 | 10 replies
While podcasts, books, seminars, and websites offer general knowledge, you'll buy a specific property in a specific location, subject to local rules and regulations.
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13 January 2025 | 15 replies
Our website was just OK, our email campaigns were hit and miss, our conference presence was fairly minimal.
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16 January 2025 | 0 replies
What made you interested in investing in this type of deal?
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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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6 January 2025 | 8 replies
I've done a lot of research on this topic as both an investor and as one who assists other investors in exploring this strategy.