29 March 2024 | 0 replies
This blog explores the potential changes and how they might affect your investments.National Landscape: Potential ChangesLawsuits alleged NAR policies stifled competition, inflating realtor fees.The settlement could lead to a more open market with:Discounted commissionsTiered commissions based on property valueFlat feesHourly billingOklahoma City ImpactShort-term: Uncertainty, market fluctuations.Long-term:Increased inventory from lower seller closing costs.Shift towards value-added realtor services like targeted marketing and expert negotiation.Technology-driven platforms may offer lower-cost alternatives.Proactive Strategies for InvestorsStay informed about market trends and commission structures.Build relationships with experienced real estate agents.Negotiate commission rates strategically.Focus on long-term investment goals.Conclusion: Adapting to the Changing LandscapeThe national shift in real estate commissions signals a period of potential change for the Oklahoma City market.

29 March 2024 | 3 replies
Can someone point me to a podcast, book or blog post about how to run your rental properties as a business.

29 March 2024 | 13 replies
Again, the BiggerPockets store has some books for this or you can learn by watching podcasts, reading blogs, and interacting on the forum.

29 March 2024 | 13 replies
By reading reliable blogs, attending webinars or seminars, and subscribing to industry magazines, you may stay up to date on market trends, economic data, and regulatory developments.

27 March 2024 | 0 replies
Most of the cash-on-cash returns I'm seeing when calculating even modest management fees and repair/reserve stowaways seem to be consistently in the 4-6% range for COC, and that's assuming no big surprise expenses that affect cashflow. 3b) Even 50 miles outside of Atlanta like Dawsonville, Cumming, Matt areas are expensive for a modest home in areas that have room to grow and don't suffer from being a food desert (you know what areas of the city and metro area I'm talking about).

28 March 2024 | 1 reply
I'm wondering if someone can point me in the direction of a podcast or blog post about using an LLC to run your rental properties.

28 March 2024 | 20 replies
https://www.biggerpockets.com/blog/what-documents-do-you-nee...What are DSCR Loans?

29 March 2024 | 75 replies
You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorseOur analysis is a template you can follow for any city, but doubt you'll find this much info for any other market in the US.

28 March 2024 | 7 replies
Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.Check out the BP Podcasts: https://www.biggerpockets.com/podcast5.If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking6.

28 March 2024 | 4 replies
A lot of years ago, I wrote a technical paper on this topic (long before there were blogs or MicroSoft Word).