Sean Quinn
Hello from Wisconsin
13 December 2024 | 24 replies
This is a great place to learn and to connect with people so take advantage of all the great resources.
Felicia Richardson
Reliable Foreclosure Websites
14 December 2024 | 11 replies
But I'm also going to visit the other resources you mentioned.
Alex Silang
What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
Sure, I'd love to win the Mega Millions and have millions of resources to make certain decisions, but the reality is I want peace- in knowing obligations aren't something to worry about.
Shawn Nofziger
Real Estate License? Yea and nah?
20 December 2024 | 19 replies
Hi Shawn-Congratulations on starting out on your real estate investing career.You have a question about whether it is good to have your real estate license or not as an investor and you are leaning toward multifamily investing.I personally think having your real estate license is helpful as an investor.Having your real estate license allows you to work with other investors to help them build their portfolios which helps expand your network while being productive, you can research market value more effectively, find out about deals before they are listed, and of course it allows you to collect the commission on purchasing any listed property.To Your Success!
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
In the future I will likely use a combination of a leasing agent for doing showings and a virtual assistant for handling leases, marketing, recording rents and calling for collections.
Maegan Quaife
To Sell Or Not To Sell
16 December 2024 | 3 replies
If you don't want the property any more a 1031 is probably your best bet, unless it's got a huge capital gains capture in which case you could just take your tax lumps and collect your funds.
Saul Clavijo
Multi family investing
16 December 2024 | 8 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Anthony Hillman
Nice to meet you all
14 December 2024 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
Guenevere F.
Hi Everyone! I’m New here & super excited!
18 December 2024 | 10 replies
Networking with the BiggerPockets community and learning from resources like Brandon Turner's book were invaluable in shaping my strategy.Good luck!
Gary P Millican
New member introduction
12 December 2024 | 8 replies
I can help with pointing you in the right direction of some good resources to help you in your investing journey!