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29 December 2024 | 5 replies
Sounds like the house is not local to you, OP.
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10 December 2024 | 1 reply
I recommend finding local meetups to attend. https://www.biggerpockets.com/forums/521I have found all of my best connections at local meetups.
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1 January 2025 | 5 replies
It's a very local question based on the comps and active/recently sold inventory inside the community.
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29 December 2024 | 30 replies
In 2022 the rents increased 12.1% year over year which was the 3rd highest in the entire country per https://www.axios.com/local/cleveland/2023/02/14/cleveland-rent-prices.
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5 January 2025 | 24 replies
@Hamidou Keita House hacking by converting a single-family to a duplex is a smart strategy, but requires careful planning.Pros: Offset living expenses, higher rental income, increased equity.Cons: Significant conversion costs (permits, construction), zoning restrictions, living in a construction zone, managing two tenants.Key Considerations:Feasibility: Check local zoning and permitting.Costs: Get detailed construction estimates.Market Analysis: Ensure post-conversion rent covers expenses and there's rental demand.Resources: BiggerPockets forums, local contractors, real estate agents.Have you researched your target property's conversion potential?
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30 December 2024 | 3 replies
Networking with other local investors or joining a real estate meetup can also help you find great lenders, property managers, and contractors.
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3 January 2025 | 12 replies
Are you local and can you oversee renos?
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24 January 2025 | 15 replies
Hindsight is 20/20, and my education (courtesy of the school of hard knocks called Life) has shaped my approach to real estate investing and how I help others achieve their goals.Since 2021, I’ve been working full-time in real estate, specializing in assisting both local and out-of-state investors in acquiring small multi-family properties and short-term rentals.I would love to meet up with you and further discuss your REI interests and goals.
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27 December 2024 | 2 replies
I'm looking to pickup some multifamily real estate but the barrier to entry is crazy in my local market.
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29 December 2024 | 3 replies
@Mitchel Johnson Welcome to BP and I wish you the best in investing..Usually people start by going to local meetups and building a network of trusted people to get their feet wetHere is an examplehttps://www.meetup.com/find/?