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Results (10,000+)
Kevin Goldman All Cash or Loan
5 August 2024 | 21 replies
Hi Kevin,I'm a big fan of buying with cash and my thought process is quite contrary to everyone else's.Cash is KingCashflow is QueenLeverage can be a peasant lolOne can retire investing in Toledo with $1m in cash.Off-course, this all depends on how many villages you need to feed 🤓I have too many "villagers" on my back so it's a bit of a different story for me.Sub $100,000 markets like Toledo require volume to work and to be worth the risk if you are looking to buy and hold.Not much growth potential long term so I would consider it a strict cashflow play.Start slow and small and you can always scale up once you learn the market.Or call it quits and exit if you decide it's not for you.IMO, leverage should only be used to scale a portfolio and only after you have immersed yourself enough in a specific market.And only once you have decided that you want to stick around in that specific market and invest in it long term.Over the years, I've witnessed many folks use leverage and attempt BRRRR out of state only to fall short and say "the market sucks and it doesn't work".Nothing works unless you make it work and a market like Toledo can work better than any other market I know from a cashflow perspective.I've been investing since 2014 and flipped hundreds along with currently managing 400 SFH.Only this year have I started buying small multifamily properties.It's an adjustment and a different animal but let's just say it's in the same breed of animal lolImmerse yourself in a specific market and become an "expert" on the numbers in that market.Find off market deals, negotiate hard, buy with cash and buy quickly.You make money when you buy and not when you sell so you must buy cheap.There are many ways to skin a cat mate and this is how I get my fur lolWishing you much success
Jared Mink Making the the 2nd half of a duplex a MTR or a LTR
2 August 2024 | 2 replies
My question is, do you think it is still worth the effort to try and rent this out as a MTR?
Nick Sarangoulis Acquiring 4 unit
30 July 2024 | 16 replies
Is it worth it/possible to hire a VA and make it work?
Cesar Garcia couple of questions for those that self manage out of state investments...
1 August 2024 | 19 replies
Happy to connect and answer any questions you have.
Lee Roden-Reynolds Using Real Estate to get out of debt
3 August 2024 | 7 replies
I second a good side hustle and have spent some money utilizing a real estate photographer which is one way to get going and making good money with only about $700 worth of equipment.
Jammy Alexis Eager to learn and grow
1 August 2024 | 2 replies
I'm passionate about learning the ins and outs of the industry, and I'm eager to connect with others who share a similar drive.Whether it's sharing experiences, seeking advice, or exploring new opportunities, I'm here to grow and contribute to this vibrant community.
Vikram Puri New to US Multifamily Investing, Not New to Real Estate
1 August 2024 | 7 replies
However, as with any market, local insights and collaborations can make all the difference.I'd love to connect with fellow investors and knowledgeable individuals who are familiar with Hartford or the broader CT real estate market.
Rahul P. new investor from california
1 August 2024 | 23 replies
Happy to connect with you Rahul
Jesse Leigh Investing from Los Angeles - Meet up
1 August 2024 | 4 replies
Looking to connect with out of state investors in the Los Angeles area.
Demiss G. Shippley House Hack (2-3 units)
1 August 2024 | 7 replies
Maybe they can give you the scoop on different neighborhoods and what there is to offer.Start connecting with real estate professionals now.