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30 January 2025 | 10 replies
People have brought up interesting ideas to help you get to the next level.
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24 January 2025 | 8 replies
@Alex Bekeza apology for very slow response...for exit I brought the completed project to my credit union.
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22 January 2025 | 4 replies
I am deeply grateful for the challenges I've faced, as they have shaped me and brought valuable perspective to my journey.4o
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21 January 2025 | 3 replies
I’m considering amulti-family property in the 76104 zip code of Fort Worth, TX, and I’d love your feedback to help determine if this is a good deal.Property DetailsAsking Price: $169,999 (seller says it’s negotiable).Current Rental Income: $2,400/month (duplex is vacant).Configuration: Combination of duplex and triplex units.Some units are rented at below-market rates.The duplex and need rehab.Historical Income: Seller claims it previously brought in $5,000/month when fully occupied.ConditionBuilt in 1934, so it’s an older property.Some permits were recently pulled (e.g., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.
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27 January 2025 | 6 replies
The fact you brought this up on this board with this situation tells me that you are fairly new to renting by the room.
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4 February 2025 | 31 replies
the have found a way to solve for all the problems that you brought up and get you quicker to a place that your investment can be cash flowing.
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6 February 2025 | 28 replies
Then I had another one where the buyer brought as is under the impression that legalizing would be easy and found out it was not ever allowed and a portion of the structure had to be demolished because it was built horribly and a hazard as built.
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21 January 2025 | 19 replies
Just had a meeting with the LP who brought me the news.
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21 January 2025 | 27 replies
None of this was brought to my attention because the showings were strategically done when there was noone in front of the property.
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22 January 2025 | 1 reply
He broke down:How to approach larger projects.How to overcome barriers to entry.How to see possibilities that were previously invisible to me.What stood out to me most was the clarity and confidence he brought to the table.