13 May 2024 | 1 reply
Before making any decisions, I recommend exploring neighborhoods in person, talking to locals, and doing thorough research to determine which area aligns best with your preferences and lifestyle.
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14 May 2024 | 25 replies
Houfy is a great cheap option, but I highly recommend creating a branded website to enhance your guest experience and be able to house resources, local favorites, etc.
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13 May 2024 | 3 replies
No Architects in the area have experience with that as it's not common and the local codes I heard can be more stringent than Energy Star.So then do they have to physically meet or can I just send the architectural drawings to the Rater to make changes or add materials?
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13 May 2024 | 11 replies
Not sure I would even invest that much, but might give you a start.My suggestion if you feel really uncomfortable learning on your own....go join your local REIA.
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14 May 2024 | 9 replies
Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.
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13 May 2024 | 9 replies
@Balaji Vasudevan I recommend starting by going to local meetups, meet other people who were in your position, learn what they did and see what interests you.
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13 May 2024 | 13 replies
@Max Murin I think you can learn a ton just off of free education with youtube or learning from someone locally and provide free labor.
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13 May 2024 | 7 replies
if you don't have that relationship you need to get on site as often as possible to ensure things are going well or hire a local property manager to oversee things for you and then rent it out for you.
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13 May 2024 | 9 replies
Another option is to find a good local architect, civil engineer, or similiar third party consultant to take a look at it and let you know their thoughts on the viability of developing it.
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13 May 2024 | 3 replies
Also, stay tuned to the BiggerPockets Podcast and try to attend your local REI meetups to build up a strong network.