15 June 2013 | 9 replies
I understand there are a lot of different paths in real estate investing and I am still in the stage of deciding on a niche and strategy…as well as whether or not this is the right business for me.I understand that real estate investing is not ‘get rich quick’ as many gurus market, but I am curious about the amount of time that needs to be invested and length of time to achieve ‘success’- I do understand that this varies based on capital to invest, region, effort, goals, etc.Here is a hypothetical path I would consider:Buy and hold strategy purchasing 2-4 unit multifamily properties at 20% below cost, investing $40k/year leveraging $160k of property.
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8 June 2013 | 2 replies
I'm relatively new to BP and I'm staging my finances to get my first income property.
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11 June 2013 | 19 replies
Three are deals in every stage of a real estate cycle and it will be better to buy at a later date than to risk put yourself in a potentially risky situation where you have leveraged all of your funds into a deal.Just an opinion with limited info.
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5 March 2020 | 34 replies
For a fee they can help you develop the land and you can hire a builder to build out the houses in stages.
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28 June 2013 | 8 replies
I would prefer if they were just looking for a guaranteed return but I guess I can't be picky at this stage.
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18 June 2013 | 4 replies
This is generally driven by the mechanicals stage in a 5-draw project3.
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18 April 2014 | 9 replies
Yes, I am reading this book now and forum ( learning where and how), Lots of info and I am in stage paralysis at the moment not analysis yet :)) I want to start rehab houses, but of course like most of working people have little saving to none :( This is my concern where and how to find hard $ , I don't have any connection yet.
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23 June 2013 | 8 replies
My name is Drew; I am a beginner in the very early stages of learning about housing and real estate in the Clarksville, TN and Middle Tennessee Area.
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16 October 2013 | 33 replies
It's easy at this stage to get wrapped up in a deal, and if it doesn't work out it might otherwise discourage you.
19 November 2013 | 17 replies
At this point, I don't see any reason to take the first "yes" but don't want to turn away a good deal if it comes around.She told me her income was with a merchandising distributor to a local Wal-mart competitor (Meijer) and I didn't get more information at this stage.