28 May 2024 | 19 replies
You can start with reading his books (Multifamily Millions) and go to a local seminar when they are in town.
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29 May 2024 | 6 replies
If you ever stop rolling over to new dsts and paying that 10-18% in fees, then you’ll owe all those taxes anyway…It reminds me of the large local swap meets, gun shows, craft shows, etc etc etc….
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28 May 2024 | 5 replies
A great way to find a good team member (contractor, agent, partner, attorney, lender, PM, etc.) is at a local Real Estate Investor meetup.
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31 May 2024 | 187 replies
.- consider investing out of state if your local market is not cashflow-strong.- set your 'living off rental income' financial goal to ~2x what you actually spend every month, just in case. i wouldn't let go of my other income streams until that point, but that's a personal comfort level.- if you CAN live off other active income, you can keep reinvesting your rental income and build wealth faster. david green preaches this on the podcast a lot: find a job you aren't trying to get away from.
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28 May 2024 | 3 replies
I'd highly recommend looking at going to the Investor lab events or join the local REI.
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28 May 2024 | 5 replies
We're a local lender and we have a bunch of newer investors who are also local.
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30 May 2024 | 63 replies
Investing out of state can be a good option if your local market isn't a good fit.
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2 June 2024 | 112 replies
I never heard why but a big name local developer bought that land and the plans so I'm excited to see what he does.
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28 May 2024 | 19 replies
It's allowed me to do some of my own work like changing toilets and fixing leaking ceilings, but even if I don't want to do a job personally hopefully I'll have enough knowledge to not let a contractor over charge me, or recommend something I don't need.You'll also meet local contractors, and hopefully investors.They may offer an employee discount too.
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28 May 2024 | 5 replies
@Jalen De Leon I find it is always wise to seek out local lenders who truly understand the specific market you're interested in.