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15 April 2024 | 3 replies
Understanding how to uncover the potential opportunities by solving the seller/owners problem then engineering them to profit takes time & skill.
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14 April 2024 | 5 replies
A local RE professional should be able to provide this information to you as well.In New York, we deal with this scenario frequently and oftentimes it does not make sense to legalize ADUs because the permit process is extremely lengthy, the cost is high (sometimes $150-300K for 1 ADU unit), and the potential increase in property valuable is not worth the risk.If you already have an approved permit/plan and can get your renovation down to $80K, you may want to consider this project if the ARV is say north of $800K.** You should also look into any potential property tax increases associated with this change.
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15 April 2024 | 19 replies
Via the accountability group, new connections were made and we plan to stay in touch and potentially partner on deals in the future.
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17 April 2024 | 34 replies
I just wouldn't pay a guru.Read the forums here, listen to the podcasts, read the Bigger Pockets books, the worksheets, the willingness of people on this board to weigh in on potential deals.That in itself is honestly enough, you will get all of the information (and likely better info) at a fraction of the cost.Find a good real estate agent that specializes in working with investors and tell them you are looking to get into real estate investing and see if they can help you get started.Let me ask this question, what do you hope to get from a guru?
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15 April 2024 | 7 replies
Hi Sophia, Investing in multifamily properties can offer economies of scale, diversification, and potentially higher cash flow.
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14 April 2024 | 9 replies
Compared to the Pittsburgh and other surrounding areas, Beaver generally has a lower sale price compared to the potential rent values.
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14 April 2024 | 4 replies
Discussing potential profit splits & what happens in a loss situation, liability, stalemates on decisions etc. are valuable topics to discuss.
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14 April 2024 | 19 replies
Select a property that ticks all the boxes - location, features, size, design - to appeal to potential visitors.
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14 April 2024 | 0 replies
Purchase price: $1,700,000 I invested in the Bel Aire Apartments in Burlington due to its potential for long-term cash flow and appreciation.
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16 April 2024 | 23 replies
Never seen anyone do it or talk about it, but has potential I think, especially for a new investor like you.Can you work from anywhere?