How to Choose Your Market
Choosing your market comes down to understanding the nature of a city, looking at the numbers and determining which investing strategy you plan to deploy.
Choosing your market comes down to understanding the nature of a city, looking at the numbers and determining which investing strategy you plan to deploy.
Our partners approached us about ending our partnership early in 2020. The results of our investment were also becoming clearer as time passed.
Part two of a three-part series documenting the creation, maintenance and ending of a partnership we had for our first real estate investment.
Our decision to start investing in real estate transpired after a few years of deliberation, starting in 2015. We decided partner with local experts where we would take advantage of their expertise while we put up the capital.
The good, bad and ugly of 2021 and how we plan to tackle 2022.
We didn’t really know that much about the mobile home park itself, but decided to take the risk on the opportunity, with the understanding that we could lose it all.
In the thick of our move south in early summer, we purchased Property #6 in Oklahoma City. Property #6 will be the first time we will work directly with Kendal to renovate the place and also use a contract that follows the cost plus model.
The past few months have reminded me that you don’t need special credentials or a family history in real estate investing (REI) to be successful. What you need is to be engaged, diligent and your own advocate.
By investing in your real estate education, you can flatten the learning curve and reduce or eliminate time you would have spent reinventing the wheel. These are the resources, tools and books we love to help kick start REI.
Partnerships are a great way to reduce risk, share responsibility and have an ally in your real estate adventure. They can also cause unexpected challenges and end relationships, if not properly managed.
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