Carter Wong
LONG DISTANCE INVESTING - how to do it right?
10 February 2020 | 21 replies
I believe the best option incorporates all three approaches, in the following sequence:Connect with knowledgeable local investors to quickly get a sense for the many sub-marketsBuild a core team of capable professionals (PM, inspectors, contractors) who are goal-aligned with you and also have no conflicts of interest among themselvesDo a single small deal to establish a work process for the team and get a minor win.Make strategic visits, not to inspect rehab work but rather to strengthen your relationships with your core team.Do more and larger deals, adjusting the team as necessary.This is exactly the approach I'm in Lubbock, Texas today and would love to compare notes with you.
Account Closed
Minimum qualification to invest in real estate
4 February 2020 | 5 replies
Hey there,Are there any minimum qualification like needing a high school diploma or having a GED for becoming a house flipper or having a buy and hold approach?
Carla Marie
NYC-based newbie investing in Atlanta!
5 February 2020 | 11 replies
In terms of structuring you can figure out how you want the partnership and then you can market it to investors that will likely go for that approach.
Ehab Shoukry
Fired My Boss in 4 years with $40k Monthly Rent
14 February 2022 | 37 replies
I had about 20 rental doors in 1 1/2 years and this is all while maintaining a full-time job.My approach was basically buy, fix up, raise rents, keep for a couple of years and sell which I did with many of my rental units.
Branden Bennett
My Dad owns properties.
6 February 2020 | 9 replies
Then you could approach your dad with a concrete plan instead of a pie-in-the-sky dream.
Ryan Grant
New Investor in Richmond, VA
6 February 2020 | 15 replies
I think you took the right approach of just trying to get into something and start learning.
Nathan Gesner
How dirty will you let your Tenant be?
7 February 2020 | 93 replies
I'd personally try to incentivize him to clean the property before applying pressure in terms of an eviction - carrot before the stick approach.
Colin West
Investing as a couple
4 February 2020 | 1 reply
If not maybe you can take a different approach with two properties like you mentioned.
Anatoly Dobrovinsky
New Construction Financing
12 February 2020 | 3 replies
How would I approach this?
Blake Hrabal
Colorado, Cannabis Industry & Getting Approved
5 February 2020 | 4 replies
So, that was the skinny - now...I feel I'm on the right track for saving for a downpayment n closing costs...I have been doing my research as to which strategies I wanna approach and execute on....I guess now that things seem to be going smooth and it's just a matter of time/saving til I can get my start in REI....that...I'm worried when I actually have the money for the downpayment and I go to vet lenders, that the lenders are going to deny me due to the industry that I legally make my living in.