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10 October 2024 | 31 replies
If its' long term appreciation (which I'm personally not a fan of betting on) you can look at it as, if you put a small 3.5% down payment using FHA or Fannie Mae, and your property appreciates on average at 3% a year.
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9 October 2024 | 9 replies
Your best bet for locating and connecting with this individual is on BiggerPockets or your local REI meet-up.
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7 October 2024 | 190 replies
where some guy in sunglasses lets you bet on what number hes thinking of.
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7 October 2024 | 12 replies
What might help you for the next attempt is to read (BP's book written by yours truly--The Hands Off Investor), and network (join a community where investors discuss deals, trade advice and observations--coming soon will be Passive Pockets, an offshoot of BiggerPockets which recently acquired the popular passive investing group Left Field Investors).
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14 October 2024 | 420 replies
I bet you've paid more than just a membership fee, particularly if you've done any deals.Here's the most curious part of your review.
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11 October 2024 | 40 replies
They epitomize the abundance mindset by sharing their knowledge, throwing the rope down to you and pushing you towards success.Spending money on a mentorship program, especially in the BP community, isn’t always the most popular idea.
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6 October 2024 | 12 replies
I had a lot of luck with ASI ASI and Safeco early in my journey, and then I stumbled upon a different class of insurance companies that are more geared towards investment properties.My policies are currently underwritten by SES and they have been great to work with and very geared towards the investor.My insurance agent is a sage source of counsel on the subject and I bet he'd be a good resource for you if needed!
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3 October 2024 | 15 replies
That said, it can be done and done successfully if you plan in advance, build your team (contractors, subs, back ups, lenders, credit with suppliers, escrow/title, real estate attorney, mentor, etc.) get educated on finding (marketing) for deals, rehab costs, locations, market data (like crime rates, school ratings, population growth, job growth, etc), specific market insights like what is most popular and sells for the most in your area, etc
6 October 2024 | 7 replies
After thinking about it further a good ol BRRRR at 300k is my best bet.
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8 October 2024 | 16 replies
Some guests would feel super comfy still, I bet.