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4 February 2025 | 10 replies
The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, Repeat, focuses on long-term investment, while the Fix & Flip approach involves purchasing, renovating, and selling properties for a profit.Investing in Airbnb rentals presents a distinct set of challenges, requiring active management and a thorough understanding of local regulations, but it also has the potential for higher returns.Here is a concise overview of the advantages and disadvantages of each method:Fix & Flip:Pros.- Potential for quick profits - Enhances property value - - Adaptable to market trendsCons.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.
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13 February 2025 | 2 replies
Quote from @Deborah Brancheau: If you send me a PM I can get you in touch with some companies and foundation people in that area.
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14 February 2025 | 5 replies
I'm a lending manager with 120 loan officers under me and 2 of my great friends and colleagues specialize in manufactured lending The reason most lenders don't do them is because:1.
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18 February 2025 | 35 replies
Amortizations were all done in the little book that title companies handed out.. rates went from 6% as noted to 24% ..
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26 January 2025 | 19 replies
I am just a beginner wholesaler so I haven't done much marketing/lead management yet.
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5 February 2025 | 17 replies
-Start at a title company- they will help you structure liens and deeds so that your interest is protected properly.
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8 February 2025 | 34 replies
Like law office, day spa, or some other small company space?
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19 January 2025 | 56 replies
He also founded an HVAC company with 110 employees, and also ran several construction companies.
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6 February 2025 | 7 replies
I always remind myself that it isn't personal and that I chose to sign up for exactly this kind of work (managing difficult tenants).
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20 January 2025 | 23 replies
What’s your game plan for managing the park — hands-on or hiring a property manager?