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4 December 2024 | 3 replies
Use individual leases to reduce risk, screen tenants carefully, and set clear rules about noise and responsibilities.Good luck!
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3 December 2024 | 4 replies
I’m here to network with like-minded individuals, share experiences, and grow my knowledge in real estate investing.
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6 December 2024 | 12 replies
The type of your business or the fact that you are paying them as an individual does not take away the requirement to file 1099s."
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5 December 2024 | 6 replies
Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.
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4 December 2024 | 2 replies
Only an experienced individual or professional should try this.
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3 December 2024 | 6 replies
One feature that I would love is to be able to see this on the main search page so you don't even have to navigate to an individual listing.
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3 December 2024 | 3 replies
Individuals who bought real estate during a recession have seen their property values and cash flow nearly triple. #2 avoid sowing seeds of failure in the good times - Many investors fail due to investing in prosperous markets.
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4 December 2024 | 30 replies
I'm genuinely asking to understand the use case for my self for an individual investor.Re. balance, as someone who is a former CPA and has prepared financial statements for multi-billion $ funds, I understand the important of a balance sheet.
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5 December 2024 | 11 replies
A strong partnership is built on trust, shared values, and aligned goals, so it's not something to rush into.I recommend attending in-person networking events to meet like-minded individuals.
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2 December 2024 | 35 replies
All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.