Below are strategies to help scale a real estate business effectively:1.

Anthony here, my wife Chynna, and I are relatively new to real estate investing, but we’ve already taken our first steps by acquiring two multifamily properties—a triplex (where we currently live) and a duplex.

What’s the most relevant real estate news you have read or heard in the last thirty days?

I'm Todd Hornquist from Zumbrota MN near Rochester, passionate about real estate investing for one year.  

Here are a few definitions that you absolutely must know.

Bookmark this thread and use it as your cheat sheet for 2024.
Okay, let’s dive in:
Here are the terms that I’ll define in this thread:
-DEPRECIATION
-BO...

My question is, do you recommend using a lawyer to set up the operating agreement? 

And you may get just as much burnout from real estate as from your W2 work.

There may not be a lot of equity in it in just 2-4 years as real estate isn't increasing in value as fast as in the past.If you want to build a rental portfolio, your unrentable condo isn't going to help.Buying a new primary, that you can eventually rent out, would be better for building your portfolio.A challenge will be finding a new, TEMPORARY home, for your family that will be a good rental when you move from the area.

We're just over in Biloxi so hit me up if you have any questions!

I now want to diversify, I have around $1m in S&P 500, and want to use the other $1.5 for real estate investing.My end goal is to build a Real Estate Empire and I feel like I am in a very good situation to do so,I love working and I am not looking for "passive income".What would you pros do in my situation?