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15 April 2024 | 33 replies
Oh and find a bunch of people who are willing to write you $50,000+ checks despite having no track record or experience.
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15 April 2024 | 6 replies
especially if you are essentially buying what amounts to a condo unit of a retail space if I understand you correctly.you for sure what to get a good RE attorney on your side to draft the PSA and help you through the transaction.
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16 April 2024 | 20 replies
A big advantage of RE investing is leverage.
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17 April 2024 | 39 replies
Hence why books of business are typically valued at about 1x value whereas a true bonafide business might be 3x or higher depending on future revenue projections.
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16 April 2024 | 6 replies
Doesn't align with our values but illustrates that rents have to go up to keep future redevelopment at bay.
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17 April 2024 | 9 replies
I'm pretty conservative with my money, but if I knew I wanted more rentals in the near future, I'd be saving my money for a down payment and looking for the right property.
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15 April 2024 | 5 replies
Depending how much you earn you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.
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17 April 2024 | 9 replies
If the economy changes and it negatively affects RE then maybe these types of deals become more prevalent.
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16 April 2024 | 4 replies
I did mix my language... that is what happens when you write posts late at night.The structure would be a long-term lease with an option fee on the right to purchase.
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16 April 2024 | 2 replies
They charge 8% and I have the option to self manage in the future but I will keep it as is for first year.