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16 August 2018 | 0 replies
Part of getting into REI is so that we can spend more of our time together rather than spending more than half our day at other jobs and commuting, getting to work together is a big part of why we want to take this on (and the potential that RE Investing has for financial freedom).My Concerns: I originally thought I would develop myself as a contractor and do most of the work myself at first, but when I consider the time constraints (holding a house way longer to do the work myself, and the quality of work suffering) I realize this isn't an optimal plan.
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18 August 2018 | 9 replies
If speaking with you about where they and their family could potential love and spend everyday for the next year at a minimum isn’t a high priority, neither will paying their rent.
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19 August 2018 | 73 replies
He spends 4K a month on direct mail and gets 1-2 deals from that per month.
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4 January 2022 | 75 replies
I spend an hour a week (if that on my rentals) and I am getting to the point where scaling from my couple now to 20 or 30 plus rentals will be very doable.Of course this is all moot since you’re comparing apples to oranges.
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1 September 2018 | 25 replies
It is called analysis paralysis, which is when you spend so much time preparing that you freak yourself out and take no action.
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27 August 2018 | 5 replies
@Raul Velazquez Jr Everyone is different - some with an accounting background or general knowledge about accounting can handle tax prep on their own with one, maybe two properties.Others like to put systems in place and hire out right away, to free up there time to spend on more valuable tasks and actions.If the latter describes you, I would say start speaking with real estate savvy CPAs ASAP.
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29 March 2019 | 2 replies
You'll just be spending spending spending.
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27 August 2018 | 2 replies
To get to the next level, I'd really have to amp up the time I'm spending on it.
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25 September 2018 | 8 replies
Let the viewers decide what works, and you dont have to spend a lot either. see sample below.Run 1 ad for a week,Run 2 ads (copy 1 and a new ad copy 2)Run 2 ads (take and use best performing ad copy and run it in conjunction with a new ad)Run Highest performing ad only.hope that helps!
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29 August 2018 | 152 replies
I know you'd be househacking which would minimize or eliminate how much you'd spend on a mortgage but it is still important to know how much of a mortgage payment you can afford incase for whatever reason the other unit is vacant for more than a few weeks.