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31 January 2025 | 121 replies
@Katie Miller I found mine at a local REIA.
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1 February 2025 | 30 replies
The best deal I can find today is one that you buy cash, invest a rehab and when you pull out 75% of your ARV you leave maybe a small amount of money in the deal and you break even (BEFORE DISCOUNTING FOR VACANCY, REPAIRS, etc) Yes that means you leave like 10-25k in the deal and your payment becomes $3000/m and your rent is $3000 a month or slightly less.This is for my local market and for Class B or higher RE.
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9 January 2025 | 7 replies
You can also search for local FB groups that specialize in longer term stays.
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8 January 2025 | 2 replies
I'd start with attending local investor meet ups.
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11 January 2025 | 3 replies
From digging into real time market data and calcualting cash flow.. to literally driving for dollars, you want someone with an incredible network of pros who can unearth leads (probate attorneys, divorce attorneys, local fix and flip circles) that might connect you with a ready buyer or flud tenant.
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7 January 2025 | 5 replies
@Ritu MahajanBuild a solid local team, including contractors, property managers, and lenders experienced with BRRRR.
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6 January 2025 | 4 replies
I highly suggest getting to some local meetup groups...here is BPs list: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a full list of the chicago meetups that I can share with you too if that'd be helpful.
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5 February 2025 | 69 replies
This halts production for anyone that is that far along - you can't just pick up trusses at your local hardware store - they are engineered for the job via the plans.
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12 January 2025 | 5 replies
@William Taylor so many options...Use your RE knowledge to: WholesaleFind rental deals to sell to investors locally or here on BPStart leveraging your personal contacts to build your sales businessFind a motivated seller willing to do seller financing:- Move in worst room or basement, rent out all the other rooms for max cashflow- You could even live in the basement and STR the rest of the house
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13 January 2025 | 1 reply
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.