
27 May 2024 | 7 replies
You will hire 2-3 of the wrong contractors also and lose 10-15k in walkway money.Your first try should be to do a flip as a smaller partner with someone else, a friend, a local investor from a meetup, so you can learn the ropes, know how to manage a crew, etc.

27 May 2024 | 3 replies
Providing Ongoing Support:How can I create a supportive environment that fosters continuous learning and growth?

27 May 2024 | 1 reply
It cannot be covered in a few posts but to help you get started top left is a tab, LEARN check that out, and BUILD YOUR TEAM, just for starters; you must know how to underwrite your properties, and local laws.You are in the right place, check out some podcasts and read some books.

27 May 2024 | 1 reply
A quick bit of advice; it's important to learn as much as you can but it's very easy to just get stuck reading and listening to podcasts and what not.

28 May 2024 | 11 replies
@Gino Barbaro thats something I would like to do. fine a partner that I can learn and grow a multifamily portfolio with. thanks for the value infoQuote from @Gino Barbaro: @Najeh DavenportI partnered with Jake, but I knew him from working with him.

27 May 2024 | 7 replies
It can be daunting, but that first step/purchase is usually the toughest and the best way to learn in something like this is to just go in and do it.Building a team is going to be really important as you start your journey.

27 May 2024 | 20 replies
Account Closed is correct, absolutely do both.. especially if youre just starting out even Grant Cardone started with a SFR. but for the sake of his question lets say you have 100k saved up for a real estate endeavor TOTAL, and you find a SFR that fits the 1% ratio (100k house that brings in 1k rent) that is doable if you calculate it out that would equal a 8.2% cash on cash IF it stays at a 90% occupancy rate. on the other hand if you invest that 100k into a limited partnership with a company that invests in value add apartments will now your cash on cash can be a preferred 10% with a target of 16-20% IRR which would essentially double your money in 2-5 years.. in this scenario the SFR would take sweat equity from you and risk while only returning a measly 8% CoC while the MF would be completely passive allowing you to learn and grow without hindrance with a 10% CoCnow we are over simplifying but I hope this made sense.. cuz my brain hurts ;D

27 May 2024 | 7 replies
Would love to learn more.DM me!

27 May 2024 | 1 reply
@Ash BisariaRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.