
10 December 2024 | 53 replies
This meetup is not intended to sell anything only add value and exchange resources amongst those who are currently investing or looking to learn how to invest in real estate.

12 December 2024 | 7 replies
Why I am leery of these "creative" things for people with little to no money One of the concerns of going to fast is over extending beyond their resources.

9 December 2024 | 3 replies
If you have significant resources you can start on your own, if not partnering with someone who brings some local knowledge can accelerate and stabilize your journey.

10 December 2024 | 6 replies
The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck 😊

14 December 2024 | 15 replies
A good tip is to reach out to contractors, visit local supply stores, and check out online resources for cost ranges.

12 December 2024 | 5 replies
You've possibly stated in writing that you (may have) violated several laws ie. working as a property manager w/o the proper licenses etc. 2.

14 December 2024 | 101 replies
Many people recognized their scam and left, but I feel like I should say something so that people who read this post doesn't end up in the same situation.What's ironic was although they stressed the importance of financial education in the beginning, they later pretty much told the audience "join the program, you'll have all the mentor, resource, and power team, and you can make money in real estate without really knowing anything and using other people's money".

9 December 2024 | 2 replies
@Gerald Koonce Private lending from family members is allowed with proper documentation and compliance.

12 December 2024 | 7 replies
Hello everyone,I am about to start writing out offers and I wanted to know the general opinion on how to find proper comps in the area when calculating ARV.