Kevin Zhang
Seeking advice for diversifying my real estate portfolio (3 duplexes in MO)
28 February 2024 | 16 replies
I'm considering diverse options for reinvesting the proceeds ($200k+) from a planned 1031 exchange and am open to various strategies:Las Vegas/Reno: These markets offer potential for both cash flow and appreciation, but I'd need more information on their suitability for mid-term rentals and current market conditions.BRRR strategy: This approach could be attractive for value creation, but I'm hesitant about out-of-state management and require a turnkey or experienced team to handle renovations.Other locations: I'm open to exploring other markets offering favorable investment opportunities, particularly turnkey properties or areas with manageable maintenance requirements.My preferences:Turnkey properties: Minimize management headaches and focus on cash flow.Limited appreciation: While some appreciation is welcome, cash flow is the primary priority.Shorter-term rentals: While Airbnb isn't an option in my current area, I'm open to exploring short-term rentals in other markets.Avoidance of major renovations: My recent experience has solidified my preference for well-maintained properties.Current portfolio:3 duplexes in Missouri (mixed performance)1 single-family home in Memphis, TN (turnkey, positive experience)Questions for the community:What are your thoughts on Las Vegas and Reno as potential investment destinations?
Farley Youman
Wholesaling or Loan Rep- if someone is just starting in real estate?
26 February 2024 | 1 reply
I have asked 30 people in the southeast for an "informal" survey, but wanted to get input from the bigger community on bigger pockets.
Jack Schwartz
Municipal Tax Sale
28 February 2024 | 0 replies
I am wondering if anyone else would continue with the deal knowing this information.
Polen NA
Brand new to RE but excited with potential
28 February 2024 | 6 replies
There's a ton of valuable advice and experience in this community, so don't hesitate to ask questions and soak it all in.
Mary Ciccarelli
System to record properties
25 February 2024 | 5 replies
Hi Mary,For documenting the detailed information of real estate deals, including both basic and financial details, you have several options ranging from custom spreadsheets to specialized real estate investment software.
Sam Schultz
Dedicated to Success
28 February 2024 | 7 replies
These are just a few of the questions of the many that come to mind, but feel free to provide any information you feel could help myself and others.
Fabio Selmi
Newcomer to the US Seeks New Start in Another State
27 February 2024 | 18 replies
This community's insights are very precious to me.Frugal FabioNew to US Real Estate
Joey Consos
Direct mail list provider with filters for lot coverage
27 February 2024 | 6 replies
Any help from the community would be appreciated.
Hayden McDougal
Looking to invest with 10k and would love feedback on the next best move
28 February 2024 | 6 replies
As for mentoring, maybe check out local investment clubs or online communities like Reddit's investing or personal finance subs.
Catherine Brennan
Is there such a thing as traveling/nomad contractors?
27 February 2024 | 13 replies
The community would benefit greatly from an increased pool of skilled professionals to meet the demands of upcoming projects.