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15 January 2025 | 14 replies
Quote from @Matt McNabb: I'm a solid $400k/yr job in NYC and have $250k to begin investing as my first step into building a portfolio, although I don't have time to be a landlord so I have to account for management fees.
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18 February 2025 | 4 replies
I am looking to add a 2nd investment property to my portfolio but I have no cash to do so.
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21 February 2025 | 18 replies
Quote from @David Hathaway: Shay Yao, I have found if you can invest within an hour and a half or less away from where you live its much easier to build a super squad of A players that can super scaling a rental portfolio.
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13 February 2025 | 2 replies
However, it’s important to ensure the seller is comfortable with the terms and that the property cash flow can support the agreed-upon monthly payments.Seller financing can be a good strategy to grow your portfolio with less initial capital, especially if you're able to increase the property's value through improvements (forcing appreciation).
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19 February 2025 | 13 replies
It’s not for everyone.I built a 12-door portfolio in Detroit, generating $16,000/month in gross rents, and I’ve seen the good, the bad, and the ugly.
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18 February 2025 | 2 replies
Only with a definitive goal can you accurately assess your options.What I hear you saying is that you do want to build a rental portfolio.
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21 February 2025 | 1 reply
I enjoy helping BP members in any way to help build their real estate portfolio.
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12 February 2025 | 11 replies
For bookkeeping it depends on your portfolio.A portfolio of 1-3 SFR's can likely be a DIY project.For 4+ you may want to consider outsourcing.For tax prep, you'll likely want to have a pro handle it regardless of the portfolio size.
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10 February 2025 | 2 replies
This is a fantastic platform to connect with fellow investors and grow your portfolio.
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15 February 2025 | 2 replies
I've just been brushed it off for a while as I continued to build a portfolio on own, and wanted to continue to gain more experience before going down that road and the large responsibility that comes with bringing in other peoples money into the investments.