Bruce D. Kowal
The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
16 January 2025 | 1 reply
.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers. Â
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
The good news is, if you didn't do anything wrong and you have proper documentation, you don't have to do anything.
Shelly Moses
Happy Tuesday, Bigger Pockets Community!!
17 January 2025 | 3 replies
Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.
Jermaine Washington
Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
I recommend you make a video of you entering the unit and documenting exactly how it is found.
J. Mitchell Bernier
New HUD Nominee: Great News for Housing Affordability
19 December 2024 | 1 reply
Recently Trump has announced the nomination of Scott Turner to be the new Secretary of the Dept of Housing and Urban Development, HUD. If you are not familiar with Scott, Scott was the Executive Director of the Opport...
Kody Smith
Hello, I'm just Getting started with creative finance.
20 January 2025 | 2 replies
.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.
Sean Gammons
How to buy two rentals in one year?
16 January 2025 | 17 replies
https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?
Christopher Morris
House Hacking in NJ
29 December 2024 | 23 replies
Great news, finding the right lender can solve the FHA or conventional problem.
Dwight Henning
Management company recommendations
18 January 2025 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
Gabriel Fung
Starting a Syndicate Fund on lucrative business model - Assistance Needed
5 January 2025 | 2 replies
I know the process from beginning to end and documented this thoroughly.