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21 January 2025 | 15 replies
This could lower your resale value.
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8 January 2025 | 9 replies
There's many other options in real estate such as syndication and note investing depending on your level of involvement.
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19 January 2025 | 1 reply
With growing tourism and lower competition, it’s a great way to maximize cash flow.- Creative Financing: Partnering with other investors, seller financing, or using HELOCs can help scale your portfolio faster while preserving your capital.- Land Development: Got an eye for raw land?
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16 January 2025 | 15 replies
In a market like this where properties are sitting a bit longer, buyer demand is kind of stagnant, many appraisals have been coming in lower than anticipated.
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28 January 2025 | 10 replies
Smart thermostats, in particular, can help you monitor energy use and lower costs between stays.I hope everyone’s experiences and perspectives help guide you as you start this journey!
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7 February 2025 | 23 replies
Working with a mortgage broker that specializes in DSCR loans will help you find better rates and programs such as lower DSCR ratios such as a DSCR 1 ratio for better terms versus needing a 1.2 or 1.25 DSCR ratio (more on that below).
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14 January 2025 | 2 replies
Are there any local meet ups or websites on where to find more people who have a moderate level of experience meaning they are somewhat experienced but still looking to collaborate and network with more inexperienced investors like myself.
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27 January 2025 | 8 replies
Do it very intentionally, not just for the sake of scaling up, but to get better quality or easier to manage properties that will replace lower quality or harder properties.
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16 January 2025 | 1 reply
But it's YOUR money, and Real Estate, to put it mildly, is a contact sport).Month 5: Deals & Network (15-18 hours/week)Submit first offersAttend 2-3 REI events monthlyBuild social media presenceKey Goal: First offer acceptedMonth 6: Scale & Automate (15-20 hours/week)Delegate initial tasksEstablish morning/evening routinesCreate follow-up systemsKey Goal: Sustainable weekly schedule🚫 Common Pitfalls to Avoid:Overcommitting earlyNeglecting W2 responsibilitiesSkipping system creationTaking on too many mentor calls✅ Success Markers:Consistent daily actionsGrowing networkClear systemsNo work conflictsSteady deal flowMaintained energy levels👉 Action Steps This Week:Audit your current scheduleBlock 2 hours dailyChoose your power hour (morning/evening)Set 30-day milestoneGeneral Comment: obviously not everyone will follow these suggestions.
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18 January 2025 | 12 replies
My guess is they have low level of book keeping sophistication.