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6 December 2024 | 25 replies
While I've been enrolled in an online course, I've found it to be quite costly and not as practical as I'd hoped.I recently discovered BP through a friend, and I'm amazed at the wealth of knowledge and support this community offers.
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6 December 2024 | 12 replies
Practiced as a lawyer and also had various investments.
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3 December 2024 | 1 reply
I’m still working on figuring out the best strategies and practices, and I’d love to hear from others who have been through similar experiences or have advice to share.Looking forward to connecting!
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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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2 December 2024 | 4 replies
The location of the property is near a college and the setup is very similar to college apartments.
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3 December 2024 | 22 replies
Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.
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2 December 2024 | 19 replies
😂Plenty of lovely folks there, plus it's where Cannon Air Force Base is located, but we soon discovered that just having a base nearby didn't necessarily make for a lively real estate market.Shortly after that, we adopted our MUCHAS criteria:M - Near a military baseU - Has at least one college or universityC - Has a Costco or equivalentH - Has a hospital ranked at least as a Level II Trauma CenterA - Has a commercial airportS - Has a Sprouts (organic grocery) or equivalentThis has led us to look at often-overlooked markets like Lubbock, Texas and Augusta, Georgia.May be worth a look for you as well!
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6 December 2024 | 45 replies
Or would I be wiser to wait until I have a 9-5 post college and just enjoy these years and hope market conditions become more favorable?
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7 December 2024 | 25 replies
People like Central Tucson because it is close to the downtown that has a great food and night activity scene and is also close the University of Arizona campus that draws lots of parents and grandparents and people who just like the college campus vibeWest Tucson is a great option for the views, golfing and resort feel.
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4 December 2024 | 6 replies
Practice tips include budgeting, saving, and leveraging strengths.