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9 July 2024 | 17 replies
I typically am working with suppliers of red iron beams, but I would imagine suppliers would still have something.https://www.engineeringtoolbox... is a great free resource for information on different types of materials.Hope this helps at least some!
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10 July 2024 | 6 replies
Property managers can handle tenant screening, maintenance issues, and rent collection, freeing you up to focus on other aspects of your business or even new ventures.
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10 July 2024 | 12 replies
Knowing you will close or they will get “free money”.
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10 July 2024 | 32 replies
The best cities I've done it in are actually the more expensive one's because there's more willing of a seller to let me buy deep(as they're likely owning the house mortgage free) and every fix I do makes more than a 1x on it simply cause of the neighborhood.
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9 July 2024 | 10 replies
Here's how to get started and advice on each area:Section 8 Rentals:Education: Learn about the Section 8 program, including eligibility requirements and benefits for landlords.Networking: Connect with local landlords who have experience with Section 8 rentals for practical advice and insights.Property Selection: Look for properties in Raleigh, NC, and surrounding areas that meet Section 8 housing standards and have potential for rental income.BRRR Method (Buy, Rehab, Rent, Refinance):Research: Study the BRRR method to understand how to find undervalued properties, finance renovations, and refinance to pull out equity.Partnerships: Consider partnering with contractors, lenders, and real estate agents experienced in BRRR to streamline the process.Market Analysis: Analyze local market conditions to identify neighborhoods with potential for property value appreciation and rental demand.Airbnb Properties:Regulations: Familiarize yourself with local regulations and zoning laws governing short-term rentals in Raleigh, NC.Property Preparation: Prepare properties to meet Airbnb standards, including furnishing, amenities, and guest experience.Marketing: Develop a marketing strategy to attract Airbnb guests, leveraging platforms like Airbnb and optimizing property listings.Overall Strategy:Continuous Learning: Stay updated with industry trends, attend local real estate meetups, and consider joining real estate investor groups.Financial Management: Manage your LLC, Opal Capital Holdings, effectively to track expenses, income, and tax obligations.Long-Term Goals: Keep your multifamily apartment goal in mind, and progressively scale your real estate portfolio based on experience and market opportunities.If you would like some help getting started, or just want to discuss please feel free to reach out to me directly.
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7 July 2024 | 28 replies
. - Chris Kersey Thankyou does hemlane make it free for the tenant to pay rent?
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9 July 2024 | 3 replies
A lot of this can be confusing so if you ever have any questions feel free to reach out I am always happy to talk REI!
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9 July 2024 | 6 replies
They also offer potential partnership and more efficient systems than I can offer on Rehabs, management, etc...I love to work with investors, it is the folks that are never going to buy that want hours of advice for free that are the tough ones.
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8 July 2024 | 8 replies
Feel free to reach out if you have any other questions.