Grace Norton
Help! Need advice - screening my first tenant
27 December 2024 | 9 replies
@Grace Norton adding to what's been written already, you'll want to get a 2-year work history for both.To consistently pay rent, requires consistent income, which requires consistent employment.Pretty simple concept!
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.
Alex Minter
New to Real Estate Investing
17 January 2025 | 21 replies
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
Ilina Shrestha
First time investor- lost & confused
17 January 2025 | 5 replies
Yes, Oklahoma is a great market to consider, especially for multifamily properties:Affordability: Oklahoma City (OKC) and Tulsa have duplexes and small apartment buildings within a reasonable price range.Landlord-Friendly Laws: Makes property management less stressful.Stable Cash Flow: Properties in Oklahoma often meet or exceed the 1% rule, providing consistent rental income.Growing Economy: Both cities are seeing population and job growth, boosting demand for rentals.Tips for Getting Started:Do Your Homework: Use tools like BiggerPockets calculators to analyze deals and ensure cash flow.Focus on Neighborhoods: In OKC, check areas like Yukon, Edmond, or Midwest City.
David Martoyan
The Key to wholesaling
25 December 2024 | 3 replies
if you know your stuff and know how to deliver a message and network by being consistent enough you will always close deals!
Andrew Schaff
Hello BiggerPockets! New PRO here
14 January 2025 | 7 replies
This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".
Kyle Deboer
Raising Down Payment Money
14 January 2025 | 22 replies
Monitor your spending habits to make sure you’re consistently putting money aside for both the short-term and long-term costs of real estate.
Raquel Wilson
New to Real Estate – Focused on BRRRR & Rentals for International Investors
4 January 2025 | 5 replies
Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
You're feeding 2 dogs with one biscuit by taking care of your living expenses and generating rental income at the same time, and by living in the house and keeping it to 4, you generally get exemptions on things that might bother you to live with (IE you can choose whomever you want as your tenants without running afoul of fair housing laws).
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
It helps to build a good network of reliable contractors, especially if you’re investing out of state.Section 8 has been a part of my strategy, and while it’s not all rainbows, it’s been a solid way to build consistent cash flow.