Dajana Topic
What's better? Single family or multifamily for first investment?
13 May 2024 | 4 replies
You can also utilize the 5% down program on 2-4 units multiple times so that’s another strategy that you can repeat.
Dan Frehmeyer
Roofing Contractors and Insurance
13 May 2024 | 9 replies
My strategy is to buy a value add primary and then rent out after a year.
Johnathan Mark
Seller Financing: Multifamily Property (Texas)
11 May 2024 | 10 replies
@Yolanda Columbus Appreciate the insight and strategy here!
Landon Harless
Hello BP Community!
12 May 2024 | 19 replies
Hi @Landon Harless I appreciate your interest in diversifying and broadening your investment strategy.
Gabrielle Jean
First Steps Towards STR Co-hosting
12 May 2024 | 9 replies
Feel free to reach out and ask all the questions you may have!
Douglas Gratz
What is the new construction process? Dig lot, pour concrete, etc
14 May 2024 | 201 replies
I suggest you find someone who actually knows what they are doing, reach a deal where you provide the lots, they build on them and you split the cost.
Jung-Jin Shim
Is it worth investing? (attached my analysis)
13 May 2024 | 9 replies
@Jung-Jin ShimThe strategies of the 2010's are different than now.
Sam Booth
So Dave Ramsey says.....
13 May 2024 | 79 replies
When people make a lot, they also tend to risk a lot.for the average person, 1 home every year for 10 years is a doable and strategy that can get you there - slow and steady but faster than the average person.
Account Closed
Tax Savings as a High-Earning Dual Income W2 Family ($300k / yr)
13 May 2024 | 6 replies
Feel free to reach out if you have any questions!
David Ounanian
How do I conduct due diligence on a property before making a purchase?
12 May 2024 | 1 reply
Research comparable properties in the area to gauge pricing, rental rates, vacancy rates, and demand.Property Insurance: Obtain quotes for property insurance to understand the potential costs and coverage options.Survey: Consider getting a property survey to confirm boundaries, easements, and encroachments.Due Diligence Contingencies: Include due diligence contingencies in your purchase agreement to allow time for inspections, assessments, and resolution of any issues uncovered during the process.Risk Assessment: Identify and assess potential risks associated with the property, such as market volatility, tenant turnover, maintenance costs, or regulatory changes.Exit Strategy: Develop a contingency plan or exit strategy in case the investment doesn't meet your expectations or unforeseen circumstances arise.By thoroughly conducting due diligence, you can minimize risks and make an informed decision about purchasing the property.