16 July 2021 | 9 replies
Im so glad I found BP's resources and guides.
27 July 2021 | 11 replies
Here's a good resource for starting a fund: https://www.capitalfundlaw.com...Good luck!
16 August 2021 | 4 replies
This can take months and years to optimize so you have the most reliable companies.If you would like to discuss property management models, don’t hesitate to reach out.
17 July 2021 | 3 replies
.· MOST IMPORTANTLY - Manage the investment not just the property – maintain the asset in optimal condition, constantly increase cashflow, limit liability and avoid issues with the investment.1st Type of Owners/Investors:· Appreciate the work done by their property management team.· Pleasant to work with.· Treat the relationship as a partnership.· Extremely diligent in their initial search for property management companies.
15 July 2021 | 4 replies
Definitely keep taking advantage of the great resources and contacts on this site.Looking forward to seeing your future success stories!
15 July 2021 | 5 replies
If you wait you losing your most precious resource… time… compounding money… in 1-3 years you should have your 25% for your next investment property.Don’t overpay and make sure the numbers work
5 February 2022 | 2 replies
I have been told opposite information from different lenders and am having trouble finding a definitive resource on the subject.Lender1: "Vacation homes" cannot be rented, if you acquire a vacation property with the intent to rent you are in violation of the loan, the loan could get called, and you risk foreclosure and a derogatory mark on your credit.Lender2: "Vacation homes" can be bought for 10% down and you can rent them right away.
17 July 2021 | 9 replies
Starting a Real Estate Agent Team is a huge commitment and the team will not last or succeed without a full commitment and systems in place.Just like the experience folks have mentioned, you need more experience to attract top performers or like-minded/go-getters like yourself to your team.My 2 cents are:Continue your full-time jobSend your referrals to a trusted and capable agentContinue to optimize your "proprietory" lead generation strategiesClose more deals.
16 July 2021 | 2 replies
An extra 2 hours a day would be optimal, though.For hands-off, you're best house hacking... buy a multifamily, live in one side and rent out the others.
16 July 2021 | 1 reply
The person who has higher resources (excluding government subsidy) would still be able to out bid the newer buyers who now entered the market.