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12 January 2025 | 5 replies
Just wanted to introduce myself.My name is Ariel, I am 32 years old (this Thursday), and I am making my first steps as a real estate investor.As I live abroad, most if not all of my work would be remote, and right now I am focusing on Jacksonville, FL.My main goal for this year is to fix and flip at least 2 SF's properties, and for the next few years to increase this number, maybe do some MF, and possibly to also BRRR when I raise enough of my own capital.At the moment, my biggest challenge is the fact that I am remote, so I could use some help from a local realtor or management company.It's so amazing to know this community exists, and I am thrilled to actually take part in it
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21 January 2025 | 31 replies
I wasted too much time trying to piece it all together and when you're in different states it's all the more challenging to make sure everything is legit.
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11 January 2025 | 9 replies
-Opportunity cost: A 7% interest rate isn’t great, but if you think you can achieve returns higher than 7% by buying another cash-flowing property, paying off the mortgage might not be the best use of funds.Now, let’s explore saving to buy another property:Investing in a Second PropertyPros:-Diversifies your portfolio, reducing risk if your Palm Desert STR underperforms or faces challenges (e.g., stricter regulations or lower demand).
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27 January 2025 | 18 replies
It's laborious, messy - but it was far less damaging/challenging than the photos found on the internet...even with plastered walls.
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16 January 2025 | 23 replies
It's a challenging market but I say if you can pay less then you currently are renting then it's a win.
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10 January 2025 | 3 replies
Not having experience qualifying prospects I would think that the leads you would get from here, if any, would be..... challenging.
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14 January 2025 | 16 replies
I’ve hit a challenge in shifting my mindset and would like to ask the group - if I’m not an extrovert with a sales background and the cushion of a 6-figure corporate job, will I be able to succeed at REI?