![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3027212/small_1716149169-avatar-jacobw479.jpg?twic=v1/output=image&v=2)
4 July 2024 | 11 replies
If you are not happy in your current role and/or company, there is no shame in pivoting your career into something that attracts you and positions you for long term growth.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3063421/small_1719868380-avatar-ryano334.jpg?twic=v1/output=image&v=2)
3 July 2024 | 4 replies
Networking with experienced investors can provide invaluable insights and guidance specific to your market.Property Search and Due Diligence: Once you're familiar with the market and financing options, start actively searching for suitable duplex properties.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2817223/small_1736815400-avatar-brettr612.jpg?twic=v1/output=image&v=2)
2 July 2024 | 3 replies
Hey Brett,Dumpster Rental Options:Dumpster Size: An 11-yard dumpster is suitable for a 750 sqft unit remodel.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3036681/small_1717089150-avatar-tonyh291.jpg?twic=v1/output=image&v=2)
3 July 2024 | 3 replies
I've managed over 1000 residential units in my career (so far) and I've seen this plenty of times.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2997644/small_1727387374-avatar-ryand981.jpg?twic=v1/output=image&v=2)
2 July 2024 | 1 reply
My wife and I have been considering jumping in as a side hustle as we are both mid-career (I'm 41 and she's 38) and we want to open up some optionality ahead of retirement.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3065432/small_1719927548-avatar-austink227.jpg?twic=v1/output=image&v=2)
3 July 2024 | 6 replies
I only ask because I've seen many investors also get burnt out, switch careers and even liquidate their entire portfolios because of it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2544019/small_1694908258-avatar-seanl302.jpg?twic=v1/output=image&v=2)
2 July 2024 | 10 replies
At this point in my career, I'm not looking to purchase more properties, but would like to invest in real estate via tax liens.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3053872/small_1718761957-avatar-damionb21.jpg?twic=v1/output=image&v=2)
1 July 2024 | 6 replies
Each option has its pros and cons that can impact your investment strategy and overall success.HELOC (Home Equity Line of Credit)Pros:Lower Interest Rates: HELOCs typically offer lower interest rates compared to hard money loans.Flexible Terms: You only pay interest on the amount you draw, providing flexibility in how much you borrow and when.Revolving Credit: As you pay down the principal, the available credit replenishes, allowing you to use it for multiple projects.Longer Repayment Periods: HELOCs often have longer repayment periods, which can make managing payments easier.Cons:Qualification Requirements: HELOCs require good credit and sufficient equity in your primary residence.Secured by Your Home: Your primary residence is collateral, which means a default could risk your home.Variable Interest Rates: HELOCs often have variable rates, which can increase over time.Hard Money LoanPros:Easier Qualification: Hard money lenders focus more on the property’s value and potential rather than your credit score.Speed of Funding: Hard money loans can be approved and funded quickly, which is beneficial in competitive markets.Flexible Use: These loans are designed for real estate investments, making them suitable for purchase and renovation costs.Cons:Higher Interest Rates: Hard money loans typically have higher interest rates and fees compared to HELOCs.Short-Term Loans: They usually come with short repayment terms (often 12-24 months), requiring a quick turnaround on your project.High Fees: Origination fees and other costs can add up, increasing your overall project expenses.For a BRRRR strategy, a HELOC might be the better option if you qualify and have sufficient equity in your primary residence.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37034/small_1621370217-avatar-dkonipol.jpg?twic=v1/output=image&v=2)
2 July 2024 | 18 replies
So now we have conditioned when a person leverages self to the gill's, taken on mountains of debt and the grand some of there career is waiting tables or making coffee and some toilet-paper degree that a bajillion others also have, and maybe a few years experience at best.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3060445/small_1719664095-avatar-rayw133.jpg?twic=v1/output=image&v=2)
2 July 2024 | 9 replies
My wife and I currently make more money than we did in our corporate careers but (legally) have not paid any federal income tax in several years.