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13 June 2024 | 2 replies
Appreciate all the engagement in these forums on Bigger Pockets!
14 June 2024 | 11 replies
This is my very first time renting the unit as I purchased it a couple of months ago.Though they are requesting application, but being out-of-state is not instilling confidence in me.
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16 June 2024 | 27 replies
However, be mindful of the repayment terms and interest rates.Risk Management: Ensure you have a solid plan for managing the debt and contingencies for market fluctuations.Practical Steps and StrategiesMarket Research: Continue leveraging your knowledge of the Asheville market to find undervalued properties with high rental potential.Financial Planning: Work with a financial advisor to create a detailed budget for your investment strategy, including purchase, rehab, and holding costs.Networking: Engage with local real estate investment groups and continue learning from successful investors through platforms like Bigger Pockets.Boot Camps and Education: Your proactive approach to education through boot camps and BP PRO is excellent.
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14 June 2024 | 13 replies
Following David Green's Core 4 strategy (realtor, contractor, property manager, and lender) gives confidence to invest anywhere.
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13 June 2024 | 10 replies
Building a strong foundational knowledge base is essential, and you can achieve this by engaging with communities like ours here or by joining your local Real Estate Investors Associations (REIAs).
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14 June 2024 | 25 replies
If the deal is good enough and you are confident about the profit potential, you can always use credit cards as a short term cash source as well.I'm also relatively new to this, but have recently jumped into the game.
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14 June 2024 | 15 replies
You are not licensed, at least in part, because the activity you're engaged in would be prohibited of any licensee.
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12 June 2024 | 2 replies
They want more online leads, but I'm quickly learning their bigger issue is outbound sales & marketing, i.e. understanding who their customers (and referral partners) are and engaging them meaningfully.I've been lurking on BP and researching their build areas and it seems like their primary clients are developers and investors, not individuals building their dream vacation home (though they are part of the mix).Their value prop is dollar efficiency and speed.
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13 June 2024 | 29 replies
Looking online and running numbers when you aren't looking at anything in real life will never give you the confidence to pull the trigger.
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12 June 2024 | 3 replies
@Tylere WeaverIf you sell now and seller finance it I do t believe you can then do a 1031 later as the property was already sold.Check with your intermediary- there are several here on BP you can engage with.