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20 February 2025 | 10 replies
Since you mention you have a partner, setting up an operating agreement is key to defining roles, responsibilities, and profit splits to avoid conflicts down the road.A few key tips to protect yourself:✅ Use separate bank accounts and keep finances clean✅ Get the right insurance (general liability + builder’s risk)✅ Have a solid contract with contractors to avoid surprises✅ Always verify permits and city regulations to stay compliantI still strongly advise you to work with local professionals, I’m happy to point you in the right direction!
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11 February 2025 | 10 replies
Why don't you join a local landlord association?
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4 February 2025 | 7 replies
Log beds, solid wood pieces (antique or vintage), antique persian rugs, and decorative items/art that come from the local area.Obviously if you are renting a beach condo, this method doesn't work.
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29 January 2025 | 1 reply
ACT and the various localized distressed property laws.
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8 February 2025 | 49 replies
However, investing locally has become increasingly unfeasible and unrealistic due to the high costs.
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18 February 2025 | 5 replies
The seller offered financing with 20% down, which I used to buy the place.After starting construction and realizing it was going to cost more than expected, I approached a small local bank that knew the property and would offer the rehab financing.
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5 February 2025 | 14 replies
Quote from @Brandon Robertson: Yes, please come back and update us.This is a great example of why it's important to understand local law.
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29 January 2025 | 2 replies
can check out local apps like eventbrite or meetups
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18 February 2025 | 12 replies
Otherwise, if you know any local realtors they can also help see what market rents look like in the area.
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6 February 2025 | 12 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.