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1 April 2024 | 20 replies
.- We have started the pre-approval process with a lender and have a realtor we're working with to purchase the houseInvestment Strategy:- Aim to maximize cash flow while seeking appreciation.- Ideal cash flow target is $2K+ per month.- Planning to allocate the remaining $250K towards purchasing two properties in the Midwest market (e.g., Cleveland, Columbus, Indianapolis, Kansas City and open to exploring new areas where the entry point is affordable but the cash flow is stable).- Seeking properties that can generate $2K+ a month in combined rent after factoring in property management, insurance, and property tax expenses.Seeking Advice:- Would purchasing two houses in the Midwest to achieve $2K+ cash flow per month be a sound strategy, or do you recommend alternative approaches?
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1 April 2024 | 14 replies
I am finding a lot of sellers don't even have proper financial docs prepped for the sale and that causes even more hiccups in the process.
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1 April 2024 | 2 replies
I've considered using ZenBusiness or consulting a local attorney for the formation process.
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31 March 2024 | 23 replies
There is some validity to self-managing but after a certain point it doesn't make sense. 1-2 properties are pretty easy, 4-6 properties are a little challenging, 10+ is where you need to commit FT or hire.
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1 April 2024 | 7 replies
Hello Bigger Pockets Community,I'm currently in the process of considering purchasing my first primary home and I'm exploring the option of creative financing.
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28 March 2024 | 11 replies
Hi , is hiring an attorney for buyer’s rep a good idea?
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1 April 2024 | 12 replies
In my opinion, staying highly organized and building systems/processes is the most viable part of dropshipping.
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30 March 2024 | 12 replies
Easy to eliminate "double dipping", all partners get to review the invoices whenever subcontractors are hired.
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2 April 2024 | 45 replies
You want to get the process down to that and then repeat it, repeat it several times, even do two at at time when you can.
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1 April 2024 | 59 replies
i visited an rv park in the destin area that was in process of converting rv sites (in an existing rv park)to permanent park model rv's.