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7 February 2025 | 14 replies
My next 3 months are devoted to learning, practicing analyzing deals, etc.
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20 January 2025 | 14 replies
I also have some investor agents that send me off market deals via email on a weekly basis – which are also good to practice deal analysis.
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27 January 2025 | 29 replies
I mean, why bother to practice what you preach?
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6 February 2025 | 13 replies
Given its condition, renting it may not be practical.
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10 January 2025 | 7 replies
I've been informed that completing the course alone may not be sufficient to pass the exam, so I’m seeking advice on how to prepare effectively once I complete it.Currently, my only other resources include a YouTube video, five practice exams, and a textbook.If you have any additional suggestions—whether online or in-person, paid or free—that could help me effectively prepare for the exam, I would greatly appreciate them.
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24 January 2025 | 0 replies
The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.
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20 January 2025 | 9 replies
This forum is pretty open and people often share their knowledge and best practices, hence don't hesitate to ask any questions you want :) Good luck with your business!
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18 January 2025 | 6 replies
To get started, connect with a knowledgeable real estate agent and lender, practice analyzing deals, and network through local investor meetups.
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15 January 2025 | 15 replies
I have heard that it is common practice that private money lenders collect a monthly fee thru various methods, I'm trying to determine what those methods are.
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12 January 2025 | 6 replies
Quote from @Jaycee Greene: Quote from @William Taylor: Hey there BiggerPockets members, I'm an upcoming agent practicing running numbers on different duplexes and investment properties I'm seeing on the market, here to share another report I'm working on for feedback.