
1 October 2024 | 23 replies
This is an example of being cash poor and what can happen when you do not have equity in properties, or worse - have negative equity because you overpaid on seller financing.

30 September 2024 | 1 reply
It helps to start by picking one or two markets to research in depth, especially those that offer good value for your capital or align with your goals.For resources, I’d suggest diving into books like Rich Dad Poor Dad to build a solid real estate mindset, and maybe explore podcasts or online forums where real estate investors share experiences.

4 October 2024 | 39 replies
@Bacongo Sandou CisseRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

30 September 2024 | 2 replies
They will add the payment to the next month's payment after the issues are resolved which would be November in my case.Section 8 tenants are poor.

2 October 2024 | 48 replies
The customers from VRBO were of better quality.

3 October 2024 | 15 replies
The difficult part isn't finding that property; the difficult part is finding quality roommate tenants and having good systems for screening, setting up rules and maintaining your future investment to achieve the best results.

2 October 2024 | 16 replies
@Hanzel Ana Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

30 September 2024 | 6 replies
And you've joined one of the best communities for all things real estate investing.1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...Also, read Rich Dad, Poor Dad by Robert Kiyosaki and Think and Grow Rich by Napoleon Hill 3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars. 4️⃣ Ask questions here on the forums.5️⃣ Visit (join) a local (and legit) real estate investment association.6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcampsI wish you all the best in your investing journey!

30 September 2024 | 3 replies
. - if I sell funds either go into stocks/back up funding for being less cash poor.

1 October 2024 | 6 replies
If the buyer has good credit, you might go lower, while buyers with poor credit might justify a rate closer to 9% or 10%.Market-Based Adjustments: Keep in mind the current prevailing mortgage rates (which are currently around 6-7% for traditional financing) and adjust accordingly to stay competitive while still reflecting the added flexibility of seller financing.3.