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9 December 2024 | 16 replies
Consider a bigger cabin if you want to try to grab a huge equity capture over the next 2 or 3 three years. 2,000 sq ft cabins that were generating 120k a year gross and selling for 850k to 875k are now hitting 85k to 100k and going for 675k to 725k.
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3 December 2024 | 8 replies
With a strong desire to learn, I’m focused on acquiring the skills needed to make strategic investments and build generational wealth through real estate.I’m is eager to dive into the fundamentals of the industry, from property evaluation to cash flow management, and is excited to learn from the experienced mentors and peers.Welcome to the community!
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30 December 2024 | 89 replies
Keep up the work, I know you'll hit amazing heights and change your families generational wealth and help others.
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2 December 2024 | 5 replies
As you know property is expensive and you don't have a business running that generates revenue.
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3 December 2024 | 4 replies
My only hurdle is the fact that I don't know the Real Estate Investing industry that well, so I don't know where or how to find the right documents for my wholesaling transactions.I've began generating pre-foreclosure leads, which I am able to filter out just ones with high equity, owner occupied, and no auction date, yet.
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6 December 2024 | 25 replies
While I'm not entirely discouraged, I feel like I've invested significant resources (LLC, website, domain) without securing a deal that generates cash flow.Any advice or guidance would be greatly appreciated.
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5 December 2024 | 10 replies
We recently completed a study on MTRs, which revealed that MTRs are likely to generate more than $1/SF above long-term rentals.
3 December 2024 | 0 replies
Purchase price: $420,000 Cash invested: $15,000 This buy-and-hold property generates a steady cash flow, with a gross monthly rent of $3,900.
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2 December 2024 | 11 replies
If I did my math correctly, on a 3,600 SF triplex where you buy the land for $150k, you generate a gross profit of about $84k (based on a $140/sf build cost and sale price of $205/sf), before you pay interest on any borrowed funds or closing/commission costs.
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5 December 2024 | 34 replies
You have 2 tanks, 1 above the other, with a water wheel (alternator/generator) in the middle.