
15 February 2024 | 6 replies
Here's a breakdown of your options:Option 1: Buy a Duplex and House Hack:Pros:Opportunity to build equity through property ownership.Potential for rental income to offset living expenses.Experience in real estate investing and property management.Cons:Market conditions may make it challenging to find a duplex with positive cash flow.Limited flexibility if you decide to move or expand your real estate portfolio.Option 2: Buy a Single Family Home with Airbnb Potential:Pros:Potential for property value appreciation through renovations.Airbnb income could help offset mortgage costs, especially during the summer.Greater flexibility in terms of future use (long-term rental or full-time Airbnb).Cons:Airbnb regulations and demand can vary, requiring thorough research.The seasonality of Airbnb income might not provide consistent cash flow.The initial cost of renovations and potential difficulties in property management.Option 3: Rent an Apartment and Wait:Pros:Flexibility to wait for more favorable market conditions.The ability to save money for a larger down payment or other investments.No direct responsibility for property maintenance.Cons:Potentially missing out on current low-interest rates.Renting doesn't build equity, and rent prices may increase over time.Additional Considerations:Market Conditions: Keep an eye on the local real estate market trends.

16 February 2024 | 2 replies
Even being an agent I'm struggling to do my first but the difficulty is in my head.Did you plan to build this property yourself and was it being built and you purchased it after?

15 February 2024 | 4 replies
So sale may be difficult I guess I have to look at this as not as investment but as a place to live ?

26 April 2021 | 23 replies
Have any of my fellow BP members had difficulty finding a Financial Planner that understands the Real Estate Investor?

27 January 2016 | 28 replies
if a wholesaler has a legitimately good deal in an area of demand, and has done their homework in terms of repair costs and ARV, there should be no difficulty in selling the contract.

17 February 2024 | 4 replies
That price range is going to be very difficult. I

17 February 2024 | 7 replies
Prior to taking on more ambitious improvements, you might build confidence and expertise by starting with a turnkey home.In conclusion, even though BRRR ventures might yield large profits, you should consider the learning curve and any potential difficulties, particularly if this is your first purchase.

12 October 2020 | 5 replies
I have replaced piers before and it’s not that difficult. I

3 July 2021 | 21 replies
I think you stand a good chance at strong appreciation in the areas you are mentioning but finding cash flow in this area will be very difficult. I

1 April 2023 | 45 replies
But am having extreme difficulty finding that next deal.