![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2085186/small_1694562599-avatar-henryd82.jpg?twic=v1/output=image&v=2)
24 May 2024 | 14 replies
20% of the time the expected gain is $20k45% of the time the expected gain is $035% of the time the expected gain is -$10kExpected value (gain) = (.2 x 20k) + (.45 x 0) +(.35 x (-10)) = $500So, the book is correct.Some like to dismiss AI, I disagree, if used correctly it can be a great help.Try asking Chatgpt the same question again but with the word ‘gain’ instead of ‘value’ and see what you get.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2119984/small_1634552282-avatar-louisad2.jpg?twic=v1/output=image&v=2)
25 May 2024 | 10 replies
@Louisa DavisGenerally, I find meetups are powerful for relative new comers to real estate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1511716/small_1713107640-avatar-johnv225.jpg?twic=v1/output=image&v=2)
25 May 2024 | 14 replies
Things such as drilling a well, installing a septic system, running power to the lot, etc can add up to $100k+.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2865837/small_1699098181-avatar-zachk110.jpg?twic=v1/output=image&v=2)
24 May 2024 | 2 replies
Here are my top picks: (Disclaimer: I personally struggle at using these platforms as often as I should whether it's for real estate or for my auto reconditioning business)Facebook: Great for joining investor groups, keeping connections up to date.LinkedIn: Ideal for networking with other professionals and establishing yourself as an industry expert.Instagram: Perfect for showcasing properties through high-quality photos, videos, and virtual tours.YouTube: Powerful for posting property tours and educational content to attract a wide audience.Twitter: Excellent for sharing real-time updates and engaging in industry discussions.Which social media platforms have you found most helpful for your real estate business?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2031867/small_1621517633-avatar-mateom9.jpg?twic=v1/output=image&v=2)
24 May 2024 | 5 replies
If they were to reverse, the USD could tank and you could end up with a nice currency gain, on top of your real estate income and appreciation.So, getting back to the timing, the USD has rarely given you that much buying power to buy overseas.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3010256/small_1714513365-avatar-angeloa41.jpg?twic=v1/output=image&v=2)
25 May 2024 | 26 replies
Hey @Angelo Aguirre,I feel the most powerful tool in your belt right now is the power of using an Assumable loan to purchase your next house.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2027917/small_1694558224-avatar-michaelm2323.jpg?twic=v1/output=image&v=2)
23 May 2024 | 5 replies
Don't use AI to write your rental listing descriptions... unless you want to miss the mark.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2454678/small_1655092838-avatar-travisa127.jpg?twic=v1/output=image&v=2)
22 May 2024 | 17 replies
Hospitable is a lot of people's favorite and is very strong on guest messages with their AI platform.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2903538/small_1703542679-avatar-jond246.jpg?twic=v1/output=image&v=2)
24 May 2024 | 1 reply
Now I have a few thousand dollars saved up with no debt and access to about 5K in borrowing power.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/953590/small_1738889804-avatar-appraiser_05.jpg?twic=v1/output=image&v=2)
23 May 2024 | 4 replies
Our job is not physically demanding at all, so we should be able to continue to work for a long time (unless AI takes our jobs away!!).