19 November 2018 | 9 replies
If I was guess I would say minimum of 100k to buy the equipment .. then you have staff and that is always an issue.she also has an ATM but that has caused her to get broken into a few times.. but it does create revenue.and its a lot of work.. she also serves light food breakfast sandwiches lunch sandwiches etc. you need commercial coolers in the back to store the gallons upon gallons of milk etc.I have seen out our way these do pretty good and that's the little mini drive through stands that are manned by one person and or two max.. all in a little trailer with drive lanes on both sides.. hitting the commuter traffic. you get permission to put one in a shopping center parking lot that kind of thing.
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19 November 2018 | 2 replies
Out of state investing requires alot of trust on your part and I'm going on faith trusting the acquaintances that I met at a local Financial Independence group.
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19 November 2018 | 6 replies
Our current plan to continue our journey toward financial independence through RE is to sell the SFH at the beginning of next summer and move into a duplex or a fourplex and self manage the property.
18 November 2018 | 3 replies
Partners want financially stable folks that can follow through with obligations.
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18 November 2018 | 2 replies
In 2013 we bought an 1800 sq ft office condo (because I couldn't stand the idea of renting and wanted to own) and I sometimes rent out rooms in our office since it is more space than I need.
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18 November 2018 | 1 reply
Hi BP readersLooking for a recommendation - I'm committed to making real estate investing a significant part of our financial portfolio.
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24 July 2020 | 11 replies
I would be all over it and forgo the partner idea if you have the financials.
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23 November 2018 | 13 replies
I now have 5 rental properties and they are all occupied and cash flowing nicely.I never used the BRRRR(an acronym that stands for “buy, rehab, rent, refinance, repeat.”) method until recently when I purchased my 4th rental due to the amount of equity I had from this property.
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19 November 2018 | 6 replies
My financial situation now allows it, so I am looking for as much information as I can to get started.
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2 April 2019 | 19 replies
Working together for financial independence.