Alexander Dombeck
Advice On Commercial Real Estate Purchase - 1st Time Owner
19 December 2024 | 3 replies
Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.
Jacob Anderson
New Member Introduction
19 January 2025 | 4 replies
Congratulations on your success in your previous investments.
Dylan Fraembs
New Member Looking to Connect!
30 January 2025 | 11 replies
If any investors have tips or advice on successfully implementing the BRRRR strategy, it would be much appreciated!
Owen Wang
Becoming a real estate agent
29 January 2025 | 5 replies
Also, if you are a minority, WRA has the Partnership for Success program, which helps pay for your start up costs.
Greg P.
Small Multi Family Coaches/mentors? 2-4 units.
24 January 2025 | 22 replies
Unless I’m overlooking something, I haven’t been able to find mentors who specialize in helping rookie investors navigate the small multifamily space for properties no larger than four units.If you have any recommendations for helpful programs, coaches, or resources you’ve had success with or heard good things about, I’d greatly appreciate it.Thank you so much in advance, and happy New Year to everyone!
Vikas Jain
STRSearch Has anyone used them or have feedback? Any other competitors?
22 January 2025 | 5 replies
Quote from @Vikas Jain: Yes, I have already seen the buy-in, im less concerned about that part of it, but just want to make sure its legitimate (plenty of opportunities where buyin is high but it doesn't always mean the product is good, just been burned in the past by others so trying to do better due diligence this time around)Their success rate, as of now, is 100 percent.
Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
I used to cold call, skip trace, send mailers, and don't get me wrong you will get success from it like James above, however as you gain experience you will realize you need deals faster, easier, cheaper, and with more "meat on the bones" and in order to have that you need constant deals flowing through your eco system and that's hard to do with mailers, cold calls, VA's and skip tracing etc.
Anthony Simeone
Gainesville STR Market
23 January 2025 | 14 replies
I feel confidant that your knowledge and expertise will bring you much success in your market.
Dillon Clark
Looking to hear someone’s local experience in starting out.
24 January 2025 | 3 replies
Many successful investors started small, such as with house hacking or buying affordable properties to rent out.