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17 October 2024 | 47 replies
I see leads with vacant houses on FSBO sites.
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17 October 2024 | 1 reply
The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)
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15 October 2024 | 1 reply
At this point, we are three years in, and have learned that you sometimes have to have thick skin (grit) in dealing with tenants, managers, and RV site visitors; while maintaining a sense of humor and humility.
11 October 2024 | 8 replies
I'm exploring different options for building on vacant land here in CA and am very intrigued by pre-fab home designs (Walls etc.. are assembled in a factory and shipped to site).
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17 October 2024 | 26 replies
There were posts on this site as well.
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24 October 2024 | 55 replies
When I was first on this site I would advised against paid education, I saw it as all grossly overpriced and unecessary.
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15 October 2024 | 10 replies
If you want to do postcards, DealMachine has a way that you can send post cards directly from the app/site.
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18 October 2024 | 37 replies
That 40k class would not teach you to put nail to the drywall.In my actual job i am so very busy writing code for DATA CENTER like Amazon or Google data center, so I do NOT have time nor knowledge to put a nail in the drywall, but i have TRUSTED friend that can put the nail in the drywall.There are just so many RESOURCES here in BIGGERPOCKETS where one do not need to go to any school but can learn from them or they can redirect to the right people.As for me , my life in real estate context has DRAMATICALLY IMPROVED when I CONVERTED my business relationship into much PERSONAL RELATIONSHIP to the contractor.In flipping business, the contractor, the subcon , is like the Prophet, okay, they have to be listened and being served.
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18 October 2024 | 11 replies
And now we also have better marketing in place on socials and a have a direct booking site, plus we are open all year long so word of mouth is improving.
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19 October 2024 | 11 replies
There is a lot of experience on this site that can help you navigate through this.