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2 September 2024 | 6 replies
Or dive into the other town and learn from scratch all over again on the rental market?
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2 September 2024 | 4 replies
I would just suggest you make sure you fully understand that process before you dive into it - because you can lose a lot of money fast if you don’t know all the ins and outs.Likewise, rehabbing isn’t always straight forward… like who will do the work, permits, contractors, unknown damage you may not have accounted for - especially in a foreclosure where there usually isn’t the ability to inspect the property.We’ve done several flips we won at auction, and lost plenty of them in the bidding.
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29 August 2024 | 3 replies
It sounds like you're diving deep into the numbers, which is great.
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31 August 2024 | 6 replies
But, if the cost is fairly nominal, maybe under a couple grand, and you have no experience in real estate, including owning your own home and hiring contractors for that, then it is likely worth it.I would always start with a deep assessment of where you feel you don't have adequate knowledge.
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30 August 2024 | 3 replies
Don’t own a thing even though I’ve wanted to take the dive for 10 years.
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30 August 2024 | 7 replies
Do that in your post and ask what are you missing before deep diving and looking for numbers or marketing analysis.
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31 August 2024 | 1 reply
With a diverse background that spans over 14 years in business ownership, sales, marketing, media, and business development, I'm eager to bring my skills and experience into the BiggerPockets community.Before diving into real estate, I spent 16 years in IT with the federal government, and I'm also a proud Air Force wartime veteran.
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31 August 2024 | 2 replies
It’s great that you’re diving into wholesale real estate.
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1 September 2024 | 10 replies
I’ve included an article below that dives into how DSCR loans work within the BRRRR method, which might provide more clarity.Happy to connect and discuss further if you have any questions!
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1 September 2024 | 13 replies
I’m excited to dive in and start implementing these strategies.