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12 June 2024 | 8 replies
If anyone is willing to mentor or provide guidance, it would be incredibly helpful.
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12 June 2024 | 26 replies
Locating properties has been the tricky part for us to navigate (tax deeds, auctions, foreclosures, reliable wholesalers, vacant properties, etc).3) As we embark on this journey, we are also looking for mentors who can guide us through the complexities of property investment deals.
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10 June 2024 | 4 replies
From structured breakout networking sessions to quick business card exchanges in the hall ways of the hotel, it seemed every corner you looked there was a business plan or partnership forming right in front of you creating a sense of urgency to join the crowd!
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12 June 2024 | 8 replies
I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town. 8 standard 2/1 apartments - Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rate with 20k down------------------------------------------------Total purchase 400KCurrent NOI: 41k Cap: 10 (Tax,Ins,Maint, Util)Gross rent 4500/mth-----------------------------------------------Upgrade, Est repairs: 60k After reno: NOI: 59K Gross rent: 6100------------------------------------------------Loan pmt: 2865/mth, 34k/yrCurrent Cash flow: 531/mth, 6,378/yrAfter reno Cash Flow: 2131/mth, 25,578/Yr-------------------------------------------------Added info- -Property line Joins with (growing) Community college-Tiny town-The Buildings are Currently "uglyish".- Current Rent is 150$- $200 behind market avg.I am very comfortable in single family homes in this town (own 18 SFH rented and performing well).
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12 June 2024 | 15 replies
There are so many unknown-unknowns and, unless you have a very experienced mentor willing to walk you through it, I don't think it's worth the risk for a rookie to take on self management.
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9 June 2024 | 4 replies
I am new to real estate investing and was reaching out to anyone in the Spokane area that was willing to be interested in being a mentor.
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11 June 2024 | 11 replies
We do have a partner we're working with but she's coaching us out of state so itd be nice to find a mentor or co-wholesaler to work with locally.
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13 June 2024 | 29 replies
The list came from mentors and my own research primarily.
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11 June 2024 | 7 replies
You will find mentors and friends at meetups who will help you get ready when you are really ready.