11 February 2022 | 18 replies
We bought it for $485k, but 70k into it, and after our first year of operating, have a couple off market offers for $800k, so that’s fun.
6 July 2021 | 2 replies
I have previously operated a family owned coin op self serve laundry for 2+ years and am very familiar with the area.
15 July 2021 | 38 replies
Hi @Bob FogliaNote investing might be something to check into.Partnerships are only scary if you don't have a business plan and good operating agreement.
13 July 2021 | 6 replies
Specifically, looking to build wealth/income via the 3 core benefits of RE investing: 1) cashflow (feel quite strongly that things need to cashflow neutral and more than likely positive from the onset) 2) appreciating over the long-term (I understand boom and bust cycles will come) 3) Having tenants pay down debt to create equity.Syndication - this is something I have lightly looked into but based on everything I have seen the return are good (6-10%) but not as strong as they could be if I do this myself.
7 July 2021 | 0 replies
*the take away here, IMO, is not to try and predict crashes but to operate in a way that give you the flexibility to be opportunistic when these random dislocations happen.
7 July 2021 | 3 replies
I'm currently in need of a strong list of vendors and contractors who operate in Greenville, Spartanburg, and Anderson and surrounding areas.
14 July 2021 | 5 replies
As an individual who has rented for the last few years (new to REI, plan on househacking a duplex as soon as we close), I would suggest going with Option 2 using coin operated machines.
8 July 2021 | 7 replies
Yes, at it's very core, wholesaling is simply the act of buying something at price A and selling at price B with the understanding that B is a bigger number.
8 July 2021 | 20 replies
I generally prefer to go it alone, any kind of partner (even relatives) mean you have less say in management, operations and exit strategy.
18 July 2021 | 9 replies
You can get in hot water that way legally as all LLCs could be argued to be operating as a single entity and thus pierce the corporate veil.