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15 January 2025 | 15 replies
This is something I aim to understand more about.
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20 January 2025 | 9 replies
I understand why some people may not like this... but for me, I don't want the hype and platform sales. i want real usable content.
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22 January 2025 | 12 replies
From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.
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26 February 2025 | 58 replies
Basically, do you understand "Odds".
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13 January 2025 | 18 replies
because I was paying my bird-dogs vs having them pay me and just promise how someday, maybe just maybe they will bring the grand-slam of a deal and then I will be paying them oh-so much $$$$$ Seriously, from those buying into this I gotta understand how your mind works, no insult meant, I am genuinely intrigued and baffled because if it's a good deal you can go to any number of investors and get $, not a one will charge you for the opportunity to present them deal.
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18 January 2025 | 16 replies
There's no precise figure because no one will understand your STR or market as well as you do- or, as well as you will (with time).
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12 January 2025 | 4 replies
You really want someone that invests in their market themselves and understands the numbers.
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12 January 2025 | 2 replies
Here are some tips to help you negotiate effectively:Know Your Numbers ColdBefore entering any negotiation, understand the financials of the deal inside and out.
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20 January 2025 | 11 replies
Most likely your conclusion is correct, but the only way to confirm it is by having a real estate accountant review your tax situation.Also, please read this introduction if you want to better understand the concept:https://www.biggerpockets.com/forums/51/topics/1075919-five-...
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1 February 2025 | 56 replies
Each of these asset classes requires a deep understanding of market conditions, legal nuances, and financial structuring to avoid costly mistakes.For example, tax liens can seem like easy wins but come with complications such as redemption periods and legal challenges.