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31 July 2024 | 13 replies
Yes, you can provide your own tech.
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2 August 2024 | 4 replies
Myth: getting your license gives you more knowledge of how RE worksFact: You might learn some things from the course but most of it is learned from your broker/experience Pros: Access to MLS, schedule appointments on your own, keep part of the commission on your own dealsCons: you must pay dues, fees, access to MLS, navigating your own transaction might be stressful first few times aroundIf you want to learn, take a few clients out, buy or help a client buy/sell at least 1 home per year it is 100% worth it.
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31 July 2024 | 46 replies
Like Tyler said, if it appeals to you and you plan to use it personally, it might make sense.
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2 August 2024 | 10 replies
Personally, I moved from the Florida market to start investing in Ohio.
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1 August 2024 | 33 replies
No right or wrong answer, personal preference.
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2 August 2024 | 7 replies
I'm working on helping some clients/friends of mine get their condo rented as a medium term rental, but not getting many hits on it, only one person that never answered me back after multiple calls and texts (stay has to be 30 days or longer).
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2 August 2024 | 2 replies
I just met my neighbors who own a duplex.
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2 August 2024 | 4 replies
I know Keith personally I would be surprised if he had a collection situation that was not perfected.
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2 August 2024 | 8 replies
The cost of hiring the right person is significant and may make the whole deal not worth worrying about.
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2 August 2024 | 2 replies
Basically.....You invest the $50k-$60k up front for a single-family build or $100k for a duplex build.BTR company creates an entity together to own the asset.BTR company secures lending and builds out the asset over the next 6 months.Once it’s complete, BTR company refinance out and you get your $50k back + 16% at that point (or $100k + 16%)You retain 30% equity in the asset going forward (and therefore 30% of the cash flow or profit upon selling)Exit: 6-7 years once BTR company packages it and sells it to 4.5 Cap rate to Wallstreet.