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14 February 2025 | 6 replies
IE - when you're young and poor (low tax bracket), contribute as much as you can to a Roth.
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14 February 2025 | 15 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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26 February 2025 | 10 replies
A lot of them are in poor shape and I am slowly trying to fix them up one by one.
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18 February 2025 | 16 replies
Personally knowing the founder of BP, Josh Dorkin and the current CEO, Scott Trench, I can tell you that their intent in starting and growing the bigger pockets community is to encourage investors of all experience levels to share their experience and network with like minded individuals.
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11 February 2025 | 6 replies
You can purchase it as individuals or through an entity, like an LLC.
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19 February 2025 | 10 replies
Hello BP Community,I’m new to the platform and eager to connect with like-minded individuals who share a passion for real estate investing.
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11 February 2025 | 9 replies
Thus far, doing this seems to have helped me avoid any misunderstanding and poor behaviors.
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24 February 2025 | 24 replies
However, there's an obvious loophole to the claim because if you buy a house for 999K and then the value goes over 1 million then technically you're one of the 90% that just became a millionaire through real estate :) REIT investing is a much less active way of investing into the 11 major real estate sub-sectors, in the US we have 274 listed REITs on the major exchanges of NYSE and NASDAQ, and about 75-80 of them are not equity REITs but rather mortgage REITs, which I like to park cash in when 10yr yields are trending down to give me capital appreciation plus 14-15% dividend yields. check out alreits | Global REIT Researchto do more thorough individual research.
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27 January 2025 | 29 replies
having been a back room vendor for Montelongo Vertucci rich dad poor dad.I got to interact with hundreds of students.. its like anything RE related only a little worse than say RE agents .. 20% of RE agents make 80s of the income