I’ve found a distressed property while driving & I want to contact the owner but they are not living in the property.

To afford pay-by-the-night rooms (room rates are up 37% since 2021), some evicted renters scrape together extra money, sometimes for only $2 an order, driving for apps like Grubhub or DoorDash—essential jobs in the eviction economy.

Dear BiggerPockets community,I have a PhD in Theoretical Chemistry/Quantum Dynamics... https://pubs.aip.org/aip/jcp/article/142/24/244112/74387 ... and I literally designed and built my own house off of 30A in Florida ... https://www.scenicsir.com/homes/242-Blue-Gulf-Drive/Santa-Ro... ....

But the way I see it is that, in general, someone who is new to the business and is looking to break in and grow will have barriers that can likely drive them out of REI.If it were up to me, I would just let the market dictate the rents and it will find equilibrium on its own.

Based in New York, my work-life spans across New York City and Long Island while I reside in Mount Vernon, Westchester County.I’m diving deep into real estate investing, working on building my knowledge first and my portfolio later.

The sponsor is the one driving the ship, the one making decisions, the one who has to communicate, the one who is the bearer of good and bad news!

You should have someone local who can drive by to check on the property, respond to emergencies, conduct regular inspections, etc.

Save every penny you make, live with room mates, drive a beat up truck, house hack distressed properties and spend all of your spare time DIY rehabbing them.

It's really awesome to see, while I love the podcasts, it's great to have such great deep-dive information on specific topics all in one place.So this week, I'm wondering, what topic are you most eager to learn about before 2024 ends?

You can still find properties that are well below what you’d see in New York, and with the right approach, the BRRRR model can work really well here.I get that being close enough to drive by is a big plus, but if you're open to a market a little further out, Detroit is worth a look.