Terrance Powell
Newbie Eager to Learn and Grow in Real Estate Investing!
23 July 2024 | 5 replies
Market fluctuations, maintenance costs, and the complexities of managing tenants are aspects that require careful consideration and planning.
Justin R.
Share your operating/accounting/tracking software. Lets find something better!
24 July 2024 | 15 replies
We've found this to be the most effective way for us to manage that process.We don't use most of the financial aspects of Stessa though since income/expenses is available to us in QBO.
Koen Ballantine
When do you know you are ready?
23 July 2024 | 8 replies
In a lot of ways i still feel 18 and i still have so much maturing to do, however i do feel mature in many aspects, i have a stable career, i pay all my bills, i have a car bill but it will be paid off ASAP (less then 300 a month) and no bad habits/addictions.
Britney Lewin
Looking to invest in area that has a good rental msrmwr
24 July 2024 | 17 replies
When we look for properties we set a pretty defined criteria so that it enables us to only spend time on the properties that fit for us. 10-90 units, C+ or better areas in Jacksonville and Orlando, has a value-add component.I would suggest trying to work backwards, especially since this is somewhere you want to live.
Mason Griffin
Househacking after college with twin brother, both military!
23 July 2024 | 10 replies
I'd define that first.
John Underwood
New law makes wholesaling illegal is SC
22 July 2024 | 82 replies
It defines wholesaling2.
Justin Garrett
Closed on a small apartment deal! 16 units
24 July 2024 | 38 replies
Of course this depends on the # of units, but good software can save you a lot of time with most aspects of the management.
Mindy Jensen
Denver rent collection: Can landlord collect double rent?
22 July 2024 | 12 replies
The lease, however, defines this "fee" as three months rent.
Mitch Conrad
Syndication vs Private Fund LLC
22 July 2024 | 22 replies
The Howey Test defines an investment contract (a type of security) as a transaction where a person invests money in a common enterprise and is led to expect profits solely from the efforts of others.
Tania Clara
Hello BiggerPockets! New PRO here
22 July 2024 | 7 replies
Hello, I think it’s really awesome that you’re just now beginning and you are already coming to the forums to learn so the first thing you need to do is to continue to stay on the forms and you also need to be reading all of the bigger pocketbook and start listening to their podcast to soak up as much knowledge as you can and as long as you do that, you will have all the knowledge you need to start and regarding your question I do not advise to buy a single-family house just to live in it without a rental property aspect so it’s OK if you want to live in the house as well but you will have to either get a multifamily property or you could also buy a single-family home and rent out the other rooms now see when you have a property that you use just for your family then you have to pay the mortgage every month which is building your equity, but that responsibility is solely on you whereas if it has some sort of rental property aspect, there will be other people helping you build that equity if you were to buy a property just for yourself that is something that will be taking money out of your pocket every month while as a rental property if you buy right will be putting money in your pocket every month the only exception to what I just said is if you buy a property for yourself or just for your family to live in, you could do a live-in flip to where as you’re living in the property you rehab it while your living there and if you buy right with enough knowledge, then when you turn around to sell the property, you will make profit