- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)

While these deals were successful, I realized that the cost of using hard money significantly ate into my profits.

The platform aims to provide investors with everything they need to run and scale a successful real estate investment business in one place.

I am curious if anyone has had any success using this product.  

Nothing fails like success.

Your success in this space will also translate to different type of business relationships. 

Of course we wish you the very best of success with this investment.

Having reasonable expectations, hiring a local professional (Realtor or PM), doing your research, and doing everything right (i.e. pro photos, professional design, good renovation, proper amenities and location, etc) are the keys to success in 2025.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

I started with a house hack then purchased my own rentals/BRRRRs and now I own a successful 7-figure rental portfolio.