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2 January 2023 | 8 replies
After I watched this video I decided to ask ChatGPT the keys to building a $100 Million multifamily real estate investing business (coincidentally I am writing a book on this topic)ChatGPT's Answer:There are several key factors that can contribute to the success of a multifamily real estate investing business:Develop a strong business plan: This should include a clear vision for the company, as well as specific goals and strategies for achieving them.Build a solid team: Surround yourself with knowledgeable and experienced professionals who can help you identify and acquire quality properties.Focus on a specific market: It can be helpful to specialize in a particular type of property or geographic location, as this can allow you to build expertise and become a go-to source for investors in that area.Invest in high-quality properties: Look for properties with strong potential for appreciation and cash flow, and be willing to put in the time and effort to make necessary improvements and updates.Utilize effective marketing and networking: Network with other professionals in the industry and use marketing strategies such as social media and targeted advertising to attract potential investors and buyers.Manage properties effectively: Proper property management is crucial for maximizing the value of your investment and ensuring the success of your business.Continuously look for opportunities to grow: Stay up-to-date on market trends and actively seek out new investment opportunities to continually grow and expand your business.This is a pretty good answer, and frankly it's amazing when you step back and consider that this service is brand new and 100% free.AI is going to change real estate investing, along with every other industry.
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28 January 2015 | 4 replies
To me, it seems like this would be an excellent 1-2 year crash course to learn the "nuts and bolts" of the industry for a variety of reasons.
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2 February 2015 | 11 replies
The really big industrial buildings seem to be going in around Pflugerville, presumably bringing more blue collar skilled type jobs.
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1 September 2014 | 31 replies
I guess the numerous comments and replies may make it seem as though I am spending more time on this than I should but trust me, I am not.I am a beginner in the industry and was simply looking for feedback and others opinions about this particular property and seller.
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27 August 2019 | 10 replies
The other options are along the lines of Timberline, but that turns into a veerrrryyyy expensive set-up and going concern, and isn't hardly worth it unless you're doing serious commercial or industrial jobs.
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11 January 2016 | 10 replies
Ab&b is the new kid on the block and has monopolized the entire industry.
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26 January 2020 | 49 replies
Franchise success in the restaurant industry proves that right?
17 March 2016 | 38 replies
If you act alone and get in some future trouble, bet on things going badly with a judge when he finds you were booted out of the industry by HUD.
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15 August 2014 | 4 replies
Since I am new to the industry I would like to see if any of you might have experience with REI in New York/Greater NY area and could save me headache figuring out feasible REI opportunities/types in NY area at the moment.
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14 June 2016 | 2 replies
He has been employed in the same industry for 35 years, has an income of 100k/year for a company he's been working for 10 years, a credit score of 740, and a good debt-to-income ratio.