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17 December 2024 | 36 replies
I'd also want the operator to have a favorable track record in general but also with that specific property type, plan and MSA.It's good to know that the operator is making a significant capital contribution of their own, and not just dumping their acquisition fee into it and calling it good enough.
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8 December 2024 | 14 replies
1)Purchasing distressed property with seller financing with substitution of collateral clause.2) Wholesale property as-is, then move favorable seller financing to better quality property keeper at below market rate & favorable terms.
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13 December 2024 | 16 replies
As many already know in the BP community, Chris and his team at REI Nation have set the standard for how to build passive income portfolios through rental properties for nearly two decades.
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4 December 2024 | 18 replies
When you start "picking" tenants or doing favors or acts of kindness for tenants is really when you can get yourself in legal trouble.
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9 December 2024 | 16 replies
Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.
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12 December 2024 | 2 replies
If you’re actively buying or interested in new opportunities, let’s chat and team up to find the best deals!
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11 December 2024 | 15 replies
Nice try, but no cigar.3rd warning: only paid stays count, and only full-price stays, not discounted favors for friends and family.
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6 December 2024 | 4 replies
If the owner financing terms are flexible, what would make this potential purchase more favorable on my end?
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12 December 2024 | 5 replies
I'm not sure how experienced you are in the real estate world but one thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.
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9 December 2024 | 9 replies
If they don't approve the project, all the time and money spent chasing it yields no return.3) Market Risk: The market can change during the entitlement process, which can also work in your favor like it did for many Developers in 2021.That's why knowing your municipality, understanding their processes, and making wise decisions in selecting which projects to pursue are crucial.Success in development requires choosing the right projects that 1) meet your criteria and 2) have a promising path to approval.The good thing is that this risk is compensated by having a higher return.