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23 February 2025 | 2 replies
@Oleksandr IvanovskiyRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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20 February 2025 | 10 replies
Buy box: Location: Approx. 30 min drive to Boston Heights, for workNeighborhoods: Decent walkability score - not far from shops/restaurants/trendy neighborhoodsIdeal tenants: Close to hospitals/universities/schools for professionals/students/familiesBudget: $175-250K - Buying w/conventional loan, 5% down/ approx 20K reno.Property type: MFH 2-4 units - preferably side-by-side, with a yard we can fence for our dogUnits: 3+/1+ - better if 1.5/2 bath per unitTimeline: Plan to live there for 2 years, but possibly only 1 year if we find another investment opportunityGoal: Focus on appreciation - would like to see cash flow in year 2-3 (the year we move out), including overhead (Vacancies, Maintenance, Utilities) and budgeting in PM if eventually we don't manage ourselvesValue add: Opportunity for some forced appreciation, but not a full reno - cosmetic upgrades and updating kitchens/baths while we live in one unit.
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10 February 2025 | 9 replies
Welcome to BP Connor and good luck investing!
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21 February 2025 | 7 replies
In other words, you would have already invested thousands prior to the auction just to research the properties and their titles.What is your recommendation because without doing a proper title search (which sometimes takes weeks and passes the auction date), how would you know if what you're buying is a good investment?
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6 February 2025 | 2 replies
Investment Info:Single-family residence fix & flip investment.
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17 February 2025 | 2 replies
I have dedicated the last year to educating myself on real estate investing and development and looking to get out of the solo day-to-day labor as a tradesman.
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21 February 2025 | 4 replies
RE Investing is much tougher right now than it was 5 years ago.I personally spend at least an hour per day every day deepening my knowledge - reading, webinars, youtube videos, podcasts, formal industry trainings/certifications, etc.
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15 January 2025 | 6 replies
It will give you a 30,000 feet view of real estate investing as a whole for different strategies and will allow you to find new ideas and to explore and see what works for you!
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17 February 2025 | 69 replies
Real estate investing/business can result in wealth - just not the way or form the gurus teach!
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10 February 2025 | 7 replies
You're likely best off wholesaling the property and using those funds to invest in the deal or invest in something else.