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23 December 2021 | 3 replies
My parents are old-fashioned and do very little investing, etc, but after decades of being in the restaurant business, they have opened up to the idea of pivoting to something more scalable.
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26 September 2022 | 17 replies
There are also great advantages to the scalability, especially in larger multi.
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14 October 2022 | 43 replies
That said, I'll be 50 next year so time to get moving.Goals:1) FI in five years / ability to leave W2-life if we choose2) Greatly reduce tax burden (mostly traditional 401k/IRA $ vs Roth)3) Have a SCALABLE / manageable business.
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27 September 2022 | 1 reply
@Anna Washburn i prefer hard money. i think there is more scalability. of course, if you had a crazy high HELOC with millions of dollars available at a low rate, maybe it is a different story. short of that, hard money is quick and easy and the reimbursement on the rehab is great. if you can find a reliable lender that is half the battle. one of the great things we do is if you can get a property where the purchase and rehab is under 70% of the ARV, then we can finance it 100%. hard to beat that!
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17 October 2022 | 16 replies
@AJ Satcher, the BRRRR method gets tossed around a lot due to its scalability attraction as you mentioned, however, many investors overlook the fact that the first step is supposed to be purchasing the property in ALL CASH.
1 November 2016 | 32 replies
Your deal on Temperance would be an exception because that's a great area but you'd be hard pressed to make that a scalable model.
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18 November 2015 | 92 replies
You will learn a lot about construction means and methods, construction materials, material costs, etc...which will likely make you a better rehabber over the long run...But you will also likely learn that construction is hard work, time consuming and pretty darn frustrating if you don't know what you are doing.As others have suggested, if you are really trying to create a scalable business, sub out everything!
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10 June 2016 | 20 replies
Tim Gordon 's point, it must be supportable by an efficient end user process that repeatable, scalable and sustainable.
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17 June 2016 | 84 replies
(not job)I must have missed it.I've seen some one off's, and a whole lot of people are are going into a career as a property manager.If this was a good LONG TERM, scalable, INVESTMENT it would't exist so readily.