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15 December 2024 | 7 replies
Interestingly I don’t see any legislation or legal action against REAL wholesaling, which is purchasing a property at a wholesale price and immediately selling it a a retail or higher than wholesale price.
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19 December 2024 | 22 replies
I'd also recommend diving into books, podcasts, and even attending real estate events to start learning more.Here:Learn the Basics: Study property types, financing, and market trends.Network: Attend events, connect with pros, and build relationships.Find a Mentor: Seek guidance from someone experienced in commercial real estate.Start Small: Look at smaller deals or partnerships to get your feet wet.Take Action: Once ready, start evaluating deals and making offers.
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16 December 2024 | 7 replies
With this national exposure the investor producing the highest LEGITIMATE bid has just established “the market” price.I have found some strategies effective in building real wealth through real estate investing1.
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12 December 2024 | 2 replies
Having this will provide focus and intentionality in your actions.
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16 December 2024 | 12 replies
So Doorvest is getting everything that produces a high return and you get the aspects of real estate investing that have low a return.
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13 December 2024 | 35 replies
@Kyle Kline“Investing for equity and not cash flow” doesn’t mean “buy properties that don’t cash flow.”To me, invest for equity not cash flow means that the PRIMARY reason to invest is for equity growth and an increase in net worth and NOT cash flow.I’ve been investing for over 40 years and while cash flow is important, it’s not why invest.A property must be self supporting ie produce enough cash flow to cover debt service, operational expenses including repairs and replacements.
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14 December 2024 | 6 replies
There is no magic bullet, just action.
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13 December 2024 | 18 replies
back then, it was not whether you would make a lot of money as mych as if there was a different purchase that would produce a better return.
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12 December 2024 | 1 reply
(Some have argued that the actions of the Obama administration were illegal taking.)The main problem with having it controlled by the government is that it has been, and will continue to be used for political purposes, right or left, depending on the administration.I'd rather see it outside government control.
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16 December 2024 | 1 reply
This action reflects an alarmingly popular sentiment that rental housing belongs to the state, not its owners.