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3 September 2020 | 2 replies
My dad and uncle are physical-labor contractors and although I've learned a lot of trade-skills from him, I lack exposure to the financial nuances of buying and selling property.
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21 September 2020 | 30 replies
HIGH LEVEL VIEW:Potential locations: appreciation, population, per capita income, taxesLocation validation: major employer viability, economic trend, economic stabilityTarget tenant pool: segment most likely to produce "good tenant pool" tenantsProperty profile: type, location, configuration, rent range which the target tenant pool is willing and able to rent and is profitable.Investment team: property manager, realtor, trades and others as neededCandidate properties: price, ROI, time to rent, crime, location, proximity to jobs, trafficSpecific properties: return, time to rent, rent range, rehab cost, rehab risk, area vacancy rate, proximity to jobsLOCATION RESEARCH:City economics: https://fred.stlouisfed.org/categories/27281Neigbhorhood breakdown: http://www.city-data.comNiche ranking: https://www.niche.com/places-to-live/search/best-places-to-live/Property taxes: https://www.fool.com/millionacres/research/property-taxes-state/Property insurance: https://howmuch.net/articles/homeowners-insurance-rates-2020CORE 4:Team members that is especially important for OoS investments are Realtor, PM, Lender, Contractor.
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4 September 2020 | 7 replies
Yes, it will cost money, but spending $600 to get $5K+ back is still a good trade off.A hard money lender will look at the property you are buying and lend a portion of the down payment and construction against that property as collateral.
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4 September 2020 | 2 replies
There is still a nationwide shortage in housing stock so, in most areas, the trades are extremely busy - which also makes it challenging to get workers to your site, especially for one-off projects.
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9 September 2020 | 6 replies
Its a nice trade off - you get to learn and they get labor.
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5 September 2020 | 2 replies
Im turning 18 soon and have been saving for these past couple of months of quarantine,I’ve decided I want to be smart and invest my money that im trading hours of my day for at the moment.
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8 January 2021 | 36 replies
Any phishing scams should be reported by forwarding the e-mail to the Federal Trade Commission at [email protected] and they will take action.
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6 September 2020 | 5 replies
Do you have a background in the building trades?
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4 October 2020 | 23 replies
There's a huge trade off between passivity/low risk/non-recourse debt and active/full risk/personal debt liability that gets most people who decide not to invest in DSTs.
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21 August 2020 | 1 reply
Hello, I am an Accountant by trade but ready to explore options for any W2 jobs that would aid in my real estate investing endeavors.