Tony Guardado
1031 Exchange - Crowdfund/ Delaware Statutory Trust (DST)
7 November 2021 | 8 replies
It is exhausting.
Kincaid Ryken
Important Books To Read Before My First Deal
24 September 2020 | 88 replies
These are the books that I still wish I would have/could have read when I was 18:Mindset/Money Management:Rich Dad, Poor Dad by Robert Kiyosaki- the foundational real estate book everyone should readTotal Money Makeover by Dave Ramsey - the foundational personal finance book about budgeting and saving your money because you'll need to save as much of your money as possible to succeedThe One Thing by Gary Keller - foundational book on how to stay focused on what really mattersReal estate books:How to Invest in Real Estate by Brandon Turner - Real life stories on many different ways to invest in real estateReal Estate Investing with No and Low Money Down by Brandon Turner - Breaking the myth that you need massive amounts of capital to become wealthy in real estateThe Book on Rental Property Investing by Brandon Turner - explains how to buy and hold property and why it's the foundation on obtaining long term wealthLong Distance Real Estate Investing by David Greene - this explains the systems anyone can/should use to buy real estate in any market around the country including your own local marketBuy, Rehab, Rent, Refinance, Repeat by David Greene - explains how to fast-track your wealth in real estate by recycling the same money to buy property after propertyFlipping Houses by J Scott - learn the flipping process to increase your income and have more money to buy rentalsRecession-Proof Real Estate Investing by J Scott - learn how our economy works, how it affects the real estate market and how to prevent yourself from losing your propertiesManaging Rental Properties by Brandon Turner - in-depth, how-to guide on managing properties and how to organize yourself; even if you use a property management company, it'd be great to know these skillsFinding and Funding Great Deals by Anson Young - ideally, your main method for finding deals should be by establishing great relationships with Realtors, wholesalers, and other investors but understanding how to find off-market deals and later pursuing these deals after you've established yourself could be beneficialRehabbing/renovation:Book on Estimating Rehab Costs by J Scott - learn how to define and calculate your renovation budgetHow Your House Works by Charlie Wing - visual guide to understanding and maintaining your houseComplete Guide to Home Inspection by Roger Robinson - know how to inspect a property and what to look for when looking at a propertyRenovation by Michael Litchfield - In-depth look at how to do almost any renovation projectComplete Guide to Contracting Your Home by Kent Lester - fully understand the contractor's job and how to effectively communicate with them Dream Home by The Property Brothers - understand the mindset of a home buyer and which renovations are most sought afterPeople/Negotiation... real estate is a people business and your ability to effectively communicate with others and build relationships will end up being the most important part of your real estate journey:How to Win Friends and Influence People - foundational book on building people skills and possibly one of the most influential business books of all timeThe Book on Negotiating Real Estate by J ScottNever Split the Difference by Chris VossPitch Anything by Oren KlaffOkay, now I'm looking back at this list and realizing just how exhaustive and probably overkill it is for an 18 year old.
Chris Hijazin
Newbie looking for some advice in Baltimore, MD
3 October 2020 | 10 replies
Key criteria for a successful SFH househack:Suitable zoning criteria, i.e. room rental laws (county by county)Within 1 mile of hospital, major company HQ, public university, and private university (to attract 20-somethings)At least half as many bathrooms as bedrooms (i.e. a 4 bed / 2.5 bath could work, but 4 / 1.5 could get sticky)Plenty of driveway space / street parking (1 per roommate)Plenty of kitchen space (since the kitchen is the most occupied room other than individual rooms)Basement or side entrance entry point (i.e. if you wanted to turn the basement into your living space, you could enter from a side entrance)Un-involved neighborhood community (cul-de-sacs can be the worst spots)Turn-key quality (i.e. you won't need to fix much of anything when you move in)This list is by no means exhaustive, but things to think about when you work with an agent on a SFH househack.
Daniel Rasmussen
Impossible to get a loan on a single family rental
3 October 2020 | 7 replies
All this to say I feel like I have exhausted every idea and I am not totally sure if there is actually a viable solution that even exists.
James De Stefano
Anyone installed a fence recently?
25 March 2022 | 3 replies
Kinda debating on building the fence myself but I am too exhausted from just finishing my first full rehab in third ward houston
Greg Powell
Is it time to star this venture?
13 October 2020 | 0 replies
I’ve been exhausted with my career direction and understand in need to continue a professional career, but am hyper motivated to learn how this will become my main source of income.
Craig Dieterich
first deal found! but problem with financing. Need advice
15 October 2020 | 20 replies
I would exhaust those options before putting equity from my personal home into business.
Ryan Cleary
Emailing Craigslist owners
15 October 2020 | 2 replies
I'd imagine that this is a great use for Bombbomb, which is something I use exhaustively in my agent business and tends to help me upgrade my email results.
Madison Guran
Social Media in Real Estate/Property Management
28 November 2020 | 5 replies
It's exhausting.
Account Closed
Creative ideas for working with tenants who can’t pay rent?
22 October 2020 | 7 replies
Yes eviction is unavoidable in some cases, and it pains me deeply to even imagine to evict someone due to job loss, and ESPECIALLY if they have exhausted every available option out there.