Antonio Patterson
Tired of pushing Real Estate Aside
9 July 2024 | 10 replies
Here's how to get started and advice on each area:Section 8 Rentals:Education: Learn about the Section 8 program, including eligibility requirements and benefits for landlords.Networking: Connect with local landlords who have experience with Section 8 rentals for practical advice and insights.Property Selection: Look for properties in Raleigh, NC, and surrounding areas that meet Section 8 housing standards and have potential for rental income.BRRR Method (Buy, Rehab, Rent, Refinance):Research: Study the BRRR method to understand how to find undervalued properties, finance renovations, and refinance to pull out equity.Partnerships: Consider partnering with contractors, lenders, and real estate agents experienced in BRRR to streamline the process.Market Analysis: Analyze local market conditions to identify neighborhoods with potential for property value appreciation and rental demand.Airbnb Properties:Regulations: Familiarize yourself with local regulations and zoning laws governing short-term rentals in Raleigh, NC.Property Preparation: Prepare properties to meet Airbnb standards, including furnishing, amenities, and guest experience.Marketing: Develop a marketing strategy to attract Airbnb guests, leveraging platforms like Airbnb and optimizing property listings.Overall Strategy:Continuous Learning: Stay updated with industry trends, attend local real estate meetups, and consider joining real estate investor groups.Financial Management: Manage your LLC, Opal Capital Holdings, effectively to track expenses, income, and tax obligations.Long-Term Goals: Keep your multifamily apartment goal in mind, and progressively scale your real estate portfolio based on experience and market opportunities.If you would like some help getting started, or just want to discuss please feel free to reach out to me directly.
Austin Evans
Hello BiggerPockets! New PRO here
11 July 2024 | 1 reply
An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).
Sara Conner
Deal Analysis Help
11 July 2024 | 10 replies
I think the majority of the confusion likely comes from the fact that most all of the builders that have inventory on our marketplace are offering unique incentives like extensive rate buy downs, free PM & maintenance guarantees, up to 10% price reductions or up to 10% cash back, etc.
Joe Nguyen
Investing in Tampa, Clearwater and St. Pete areas in FL?
10 July 2024 | 11 replies
@Joe NguyenWe are rental property investors in Tampa; feel free to DM me and we can get on a call.
Edna N.
Canadian interested in USA RE investing
10 July 2024 | 24 replies
Feel free to DM me and I can give you more info.
Tanganika Darden
Is connected overages .com with Bob Diamond legit?
10 July 2024 | 50 replies
It is a legitimate business, but that doesn’t mean you have the experience, skills, knowledge, time, dedication or capital to be successful.
Gina Coleman
What will I need for my first rental? Insurance, banks, PM, etc
11 July 2024 | 24 replies
Great , if you need anything feel free to reach out.
Robert Ruschak
How long does sueing a buyer take for specific performance
11 July 2024 | 7 replies
You can get a free initial review by going to AVVO.com and talking to an attorney in your area.
Rene Vizcarra
Hard Money Unique Situation
11 July 2024 | 9 replies
This offer would also give us enough capital to finish the rehab through a construction loan and draws.However, we are also not opposed to having another team come in and complete the job if we were to find the additional 500k.Just looking for guidance or anyone who has had experience with this or hard money companies that can offer the full amount to refinance this current loan.It's a great property with a lot of upside but unfortunately was put in a difficult situation.
C Rutherford
Running rentals alone---- Dealing with discouragement
10 July 2024 | 6 replies
Property managers can handle tenant screening, maintenance issues, and rent collection, freeing you up to focus on other aspects of your business or even new ventures.