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12 July 2024 | 155 replies
Sounds like this guy is doing the opposite of what you’re saying and his competition are the ones not pivoting and not being successful.
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10 July 2024 | 11 replies
Moreover, I want to know what people look for when they do identify a good deal.Experience plays a big role in how proficient you become at analyzing deals.
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8 July 2024 | 7 replies
I value the role of having a solid network, which I've established in the Kansas City architecture realm, and am excited about getting to know you all in the real estate business in the KC Metro area!
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7 July 2024 | 8 replies
It sounds like this person is essentially a general contractor or do you already have that role...in your case I would think your project manager would manage the GC (i.e, make sure they are on schedule, under budget, and quality is up to par).
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8 July 2024 | 8 replies
.- Create a detailed business plan: Outline roles, responsibilities, and how you'll handle decisions and potential conflicts.- Build a network: Connect with real estate agents, wholesalers, and other investors to find good deals.- Educate yourselves: Learn about local market trends, zoning laws, and permitting processes.- Set realistic timelines: Account for your full-time jobs when planning project schedules.- Budget carefully: Include a contingency fund for unexpected issues.- Focus on high-ROI improvements: Prioritize renovations that add the most value.- Document everything: Keep detailed records of expenses, work completed, and agreements.- Consider liability protection: Look into forming an LLC or other business entity.Starting with cash is a smart move to minimize risk and learn the process.
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9 July 2024 | 197 replies
We need MORE positive female role models in the investment community to show young girls that this is industry is not just for the boys.
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4 July 2024 | 11 replies
Before you jump 2 feet into the Real Estate Investing world, I challenge you to find a balance of continuing your drive toward real estate while improving your position at your current role.
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5 July 2024 | 5 replies
If the ADU you're proposing is the make-or-break between this deal penciling out or not, AND if it is pivotal for your plans that it be the height that you are planning, I would personally advise you to abandon this deal.
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6 July 2024 | 11 replies
I've tried pivoting to doing a live in fix and flip but am terrified of finding a solid contractor/it's hard for me to estimate how much it would cost to fix things.
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10 July 2024 | 256 replies
@Kurt Bouma, at the risk of veering off topic...I have pivoted to listening to @Chris Seveney and @Gail Greenberg's podcast (https://gooddeedsnoteinvesting...).