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24 December 2024 | 23 replies
Developing that trust with someone you don't know may seem like a challenge, but if you approach it correctly, you should be able to achieve a pretty solid foundation of trust.The best way is to talk to others who have had an experience investing with the sponsor already.
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17 December 2024 | 11 replies
They can offer a more hands-off approach while you get your feet wet.
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16 December 2024 | 3 replies
I'm interested in a similar approach: live in one unit and rent out the rest.
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12 December 2024 | 1 reply
Wholesaling real estate can be an incredible way to build wealth and start your investing journey—but let’s be honest, it’s not without its challenges.
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24 December 2024 | 6 replies
Very wrong approach!
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11 December 2024 | 1 reply
If you’re a real estate investor looking to scale quickly, portfolio lenders can be an incredible resource.
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13 December 2024 | 4 replies
I appreciate your ready-fire-aim approach, @Brendan Duggan, but you’re likely creating loans that might only be saleable at a discount.
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20 December 2024 | 5 replies
Over time, repeating this approach can help you build a versatile portfolio.Good luck!
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15 December 2024 | 4 replies
My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?
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17 December 2024 | 22 replies
We not only lost our hard-earned money but on top of everything, our health suffered, I had several sleepless nights due to the stress and anxiety that this horrible experience created for my wife and me.After the buy-back was completed, I approached Maverick to at least help us with our losses by requesting us to give back ~$6000.