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1 December 2024 | 3 replies
My exit strategy is to hold the home 2-5 years and to purchase another home with the new equity I would have achieved by renting the bottom portion and with market appreciation.
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29 November 2024 | 1 reply
But I can't help but think that I could benefit from the occasional discussion about real estate strategies or bounce opportunities off one another.Coach Carson's RPM program details below:Cost: ~$2500/yearBenefits (form Website):Personalized Coaching: Members receive direct support and feedback from Coach Carson and selected coaches, including monthly group coaching sessions, one-on-one "hot seat" calls, and small group coaching within Action Teams.Action Teams: These are accountability groups of 8-10 members that meet weekly over a three-month period to set and achieve goals, fostering perseverance and resilience among participants.Comprehensive Resources: Members have access to a repository of documents, systems, checklists, and more in the community swipe file, including tenant screening criteria, due diligence checklists, and rental analysis spreadsheets.Exclusive Community: RPM offers a private community of like-minded investors who prioritize time and freedom over scaling rapidly, providing a supportive environment for shared learning and growth.The Group Targets:Investors with experience owning 1 to 8+ properties, whether short-term (e.g., Airbnb), mid-term, or long-term rentals.Individuals who are coachable, hardworking, and value time and freedom over aggressive scaling.
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3 December 2024 | 14 replies
My goal is to scale up over the next few years and add another 10-20 doors.I ran across someone that is saying they are building quadplexes in the same town in Texas as my current rentals there, so I have some support system there.High level this is the idea on the deal:4 units constructed as 2 duplexes on one parcel.1250sqf 3/2/1 units$650k sale price, CME is $820k according to builder, will have a independent CME done if/as I move forward.Rent per unit is $1750 based on the other quad in the developmentBest guess at this point is about $16k/year cash flow at a 9.5% cap rate.Builder is a sister company of a established company in a related industry that has done "some" builds before but not a lot.
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30 November 2024 | 1 reply
While new developments are on the rise, it will take a few years for the community to fully revitalize and achieve a more cohesive look.
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11 December 2024 | 101 replies
@Ryan OvercashAccount Closed@Jonathan Hankins@Juan Carlos GastelumI'll never understand what's the point of all this negative commentary about investing in Mexico here and what it's supposed to achieve.
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17 December 2024 | 86 replies
If your place is very well maintained you may be able to achieve higher than average returns.
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29 November 2024 | 11 replies
I think either is fine but if you have a high occupant unit I would go larger.
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28 November 2024 | 14 replies
If it is working with subs, a GC license won't help that in any practical way.At the end of the day, it depends on what you are looking to achieve.
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29 November 2024 | 7 replies
I have $50,000 left over from my house flip that I can use for my next deal.Any advice from other investors, especially ones local to the area, on how to best leverage my $50,000 in order to achieve my goals would be greatly appreciated!
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26 November 2024 | 18 replies
Everyday RE investors achieve success with just basic math skills.