Chandler Koch
New Real Estate Investor in Boise Idaho - Go Broncos!
15 January 2025 | 7 replies
There are so many great people and resources throughout BP that will be great to build a foundation and continue you learning.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Reno Philip
Connecting with other Houston investors
10 January 2025 | 15 replies
I started my investing journey learning from BiggerPockets Forum as you are doing so I am always willing to help the action takers.
Vivien Martin
New member from the Chicago area!
18 January 2025 | 17 replies
This is a great place to learn and to connect with people so take advantage of all the great resources.
Diego Trujillo
Dallas New Construction project
14 January 2025 | 2 replies
Great investment, a lot of learning, and a good ROI Lessons learned?
Diandre Pierce
I have 5 houses renting, what's next
12 January 2025 | 8 replies
Dig deep into tax strategy, tax efficiency, etc Learn about estate planning.
Larissa Leeper
Flipper… ready for rentals!
11 January 2025 | 13 replies
Just learning my options at this point.
Renee Everett
Newbie Female Investor
14 January 2025 | 1 reply
Quote from @Renee Everett: Newbie female investor looking to learn more about the BRRR method to create a successful portfolio with my husband.
Christy Place
First Flip Attempt
10 January 2025 | 2 replies
He learned a lot about what to do himself, what jobs to hire someone for, and just how long it can take when you are by yourself.