Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 8 months ago on . Most recent reply

User Stats

30
Posts
4
Votes
Donald Taite
  • Williamsburg, VA
4
Votes |
30
Posts

Most Popular Reply

User Stats

195
Posts
100
Votes
Jimmy Klein
  • Investor
  • Houston, TX
100
Votes |
195
Posts
Jimmy Klein
  • Investor
  • Houston, TX
Replied

As a current owner, I can tell you in this business you can achieve great returns, but you have to know what you are doing or you can lose your shirt. First thing to know is, do you want to be an owner operator or an investor. There is a big difference in the two. Since you are new, I recommend staying with flagged properties that way you get support from the franchise and access to loyalty members. I really recommend you invest with others before operating on your own. When I first started out, I invested with a family I knew well. They are good operators. I still invest with them, but have some hotels that I operate on my own as well. 

Loading replies...