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20 March 2024 | 175 replies
This has been a remarkably helpful and insightful thread!
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17 March 2024 | 23 replies
We have cheap properties where I am at lol so it's a good thing in that aspect, but bad when financing.
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19 March 2024 | 30 replies
A win for everyone except agents and even then, there are aspects of having to have a buyers agreement signed I find appealing.
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17 March 2024 | 29 replies
For instance, I make much more money in Appreciation (the Investment aspect of RE) than the fees I charge for managing the property or even the Cash Flow.2) "Cash Flow is NOT a characteristic of the Property.
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17 March 2024 | 17 replies
I get the less leverage aspect makes you more vulnerable to the underlying house price, but the lack of debt gives you the ability to maneuver around that & its likely a high house price point will appreciate more than the average over the long haul but these are just two years in, you got to wait till really year 8 to start trading the equity.
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19 March 2024 | 46 replies
However, I continued to receive updates with the same problems, even though I was willing to pay for any necessary change orders.Perhaps the most challenging aspect of this "flipsystem" is the lack of clarity regarding who they serve.
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16 March 2024 | 9 replies
I have had one, and now that I have been taking care of many aspects I feel more comfortable taking care of this myself.
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15 March 2024 | 7 replies
It is a great place to meet new friends and learn about various aspects of real estate and more.Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersBest of luck!
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16 March 2024 | 15 replies
But it does vary wildly - I work with a larger firm, we have in house professionals who focus 100% of their time on state and local tax / sales and use tax, various aspects of international, employee benefits, trusts, estates, gifts, etc, in addition to various industry focuses - and as a result we charge higher fees because there is a significant amount of very specialized knowledge floating around that is at our clients fingertips as they need it.
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15 March 2024 | 7 replies
Research the different aspects of real estate investing and see which one you like2.