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2 July 2024 | 1 reply
Exploring alternative revenue streams, such as short-term rentals or mixed-use developments, can increase cash flow and diversify income sources.
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2 July 2024 | 4 replies
@Calum ShallenbergerRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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2 July 2024 | 108 replies
It's another if you look at it as a sustainable source of income, which what business is.
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2 July 2024 | 3 replies
@Federico SarcinaRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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3 July 2024 | 25 replies
Hi Brynn, there are 1031 exchange intermediary companies that can source deals for you but likely charge a commission and may not be aligned with your interest in getting best quality investmentyou can join the 506investorgroup.com, which has hundreds of active CRE-passive investors who are always posting new deals, and reviewing them and have long threads on each investment going back years tracking how they have done. you can google syndicators around the country and start contacting them and looking at their deals now and get a feel for which ones are good operators, so you will have a dozen or so lined up for when you need to investyou can start networking locally with RIAs or lenders and find out who are good/active CRE syndicatorsgood luck :)
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2 July 2024 | 7 replies
@Marcos De la CruzRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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1 July 2024 | 3 replies
If you are an owner of the business your income is coming from then your income source is in a way "self dealing" in that you COULD if you choose puff your income to qualify for loans you otherwise would not qualify for.
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1 July 2024 | 4 replies
What questions do you ask when looking for a reputable source for cost segregation studies?
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7 July 2024 | 89 replies
Someone without a good paying source of income doesn’t have the resources to pump into a negative producing asset even if it is going up in value.
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1 July 2024 | 0 replies
I'm hoping to network with some of the higher performing agents up there who prospect daily, as I have some questions about your market and how lead sources vary in viability there vs here.