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12 January 2025 | 23 replies
The problem is that it take far more effort to LIVE that dream that it is to wake up from that Dream.I teach Real Estate Investing on the side and I will tell you 95% of the students are sitting in class dreaming or pretending that they are improving their lives just by attending the class.In the end, they don't really study.I give a Spreadsheet exam at the end of a 12 week / 1 class per week session on building a 10 Year Pro-Forma business plan for your Real Estate and I will tell you 95% fail out right.Being in class is more about dreaming than it is about putting in the effort to learn the skills to be an Investor.
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13 January 2025 | 17 replies
My strategy would then be to lease at least two of the renovated units, increasing occupancy to 90%, which could improve the chances of securing favorable terms for refinancing.I haven't pitched it to the seller yet.
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15 January 2025 | 5 replies
The original post leaves the door open for a challenge by the IRS, so the safe harbor of holding it for investment for two full years is the safer option.
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10 February 2025 | 71 replies
“I did this 5 seller a day challenge thing for $500 last month and they said they wouldn't be picky with proof of completion.
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17 January 2025 | 11 replies
I hope things continue to improve for you.
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13 January 2025 | 9 replies
Attend seminars, join online forums, and read up on the latest market trends to stay informed.Remember, real estate investing is not without its challenges.
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13 January 2025 | 16 replies
I was overwhelmed with projects at the time but paid $35,000 and sold two years later without any improvements for $125,000.
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11 January 2025 | 6 replies
What pitfalls or challenges should I be aware of when scaling up quickly?
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12 January 2025 | 1 reply
Any advice on securing financing for potential buyers would be greatly appreciated.Personal Experiences: If you’ve owned, sold, or rented out a geodome, I’d love to hear about your challenges, successes, and any tips you might have for marketing or managing this type of property.Thanks in advance for your insights!