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15 January 2025 | 24 replies
Some people don't mind putting 100% of their investment funds in real estate.
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10 January 2025 | 12 replies
I don't mind at all when someone says, "This isn't doable" Hopefully, they at least add why it isn't doable so that I can brainstorm solutions to the problem/s they pointed out that I may not have previously thought of.
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9 January 2025 | 20 replies
Bigger Pockets has a directory of tax professionals.Here it is: https://www.biggerpockets.com/business/finder/tax-and-financ...Just keep one thing in mind: any directory, this one no exception, is paid advertising.
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3 January 2025 | 4 replies
Keep in mind that this is also a very tough time to be entering the market as an agent because the inventory is so low.
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19 January 2025 | 61 replies
Keep in mind that BRRRR strategy advocated on BP by Josh and Brandon includes leverage and pulling all your cash out of the property.
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4 January 2025 | 12 replies
Keep in mind you will be selling to an investor so the pricing won't be a high as a vacant property.
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4 January 2025 | 11 replies
But keep in mind all these options still require logging your driving trips, and having a home office if you're claiming trips from home to the rentals.
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10 January 2025 | 13 replies
Sellers rarely mind the low deposit and extended closing period due to the nature of the property, or at least they can be made aware of the fact that their lot has issues that will take MY time and MY money to solve and then they come around.My terms on the flip are: Minimum 10K spread between purchase and flip value. 1-2K deposit upfront to hold the property for 7 days then the deposit becomes non-refundable after the 7th day and the buyer has the same amount of time that I originally negotiated with seller typically 8-12 months(its a purchase contract but because of contingencies its essentially an option).
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31 December 2024 | 4 replies
Points I can roll into the cost and don't mind a buy down if necessary.My primary concern is the bleed rate monthly for the build, Airbnb stabilization and the year after while we season it and prep for final financing for long term hold.
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7 January 2025 | 12 replies
Hey @Augusta Owens Bigger Pockets has been so valuable to me in my own journey, so you are in the right place.Ive been hosting an investor meetup the past 3 years and it's been a great place to collaborate with the like minded individuals and collaborate. 15-25 people show up each month and range from new investors to people,e who have been investing for decades.would love to connect and get you some more information!