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19 January 2025 | 7 replies
Luckily the family in my rental is paying $9000/mo (3x my mortgage) so I am gaining signifigant wiggle room for mistakes.
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10 February 2025 | 16 replies
In my opinion, this is a huge barrier for many new investors- they think they understand value better than a seller might and they try to convince someone their property is worth less than the seller believes it to be- that's a rookie mistake.
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17 January 2025 | 3 replies
There are so many great strategies to help you scale your portfolio, so I understand your desire to find the right plan and avoid mistakes.
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12 February 2025 | 27 replies
Start small and make your mistakes then.Don’ttrust me.
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18 January 2025 | 3 replies
Our company has designed over 100 flips for Real Estate Investors in 12 states, and one of the biggest mistakes that we see our investors (try to) make is always going BOLD with the design!
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18 January 2025 | 11 replies
Feel free to DM me if you'd like more insights on all this (we don't do biz in Alabama so got nothing to lose).Here's some other "copy & paste" advice on how to search for a better PMC:----------------------------------------------------------------------------------------------Recommend 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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27 January 2025 | 6 replies
It’s better to spend a little now than risk costly mistakes later.
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10 February 2025 | 24 replies
My friend said "I hope it was a mistake and not SOP" It is their SOP sad to say.
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20 January 2025 | 6 replies
Just like professional athletes who still work with coaches to hone their skills, a real estate mentor or coach can provide you with valuable insights, shortcuts, and strategies that can help you avoid mistakes and fast-track your success.
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26 January 2025 | 11 replies
Don't discount your property and don't make the newbie mistake of renting to friends and family.