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18 December 2024 | 2 replies
Did you use a local bank that agreed to a Seller Carry in second position?
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18 December 2024 | 4 replies
You’ll often see sales with 100-200% swings within the same area, which makes having deep local knowledge and understanding the nuances absolutely critical.I do this for a living, and even with experience, comping in Detroit can still be challenging.
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17 December 2024 | 17 replies
Would love to talk to anyone who is local to get a better feel for the area and have some folks to get advice from.
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19 December 2024 | 22 replies
@Kevin Zmick also consider if you have an area specific advertising forum, a local facebook group, or an area specific advertising platform you haven't tapped.
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18 December 2024 | 13 replies
Hey LaurenI am a local realtor and I work mostly with investors.
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19 December 2024 | 7 replies
I was at a local (Bay Area) REI conference a few weekends ago and Brian Burke (CEO) spoke.
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16 December 2024 | 21 replies
You can go to a local facebook or nextdoor groups and find recommended cleaners, handymen and repairmen.
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16 December 2024 | 1 reply
Be sure to work with an agent or broker who understands your local market, and consult with a professional who understands all applicable tenants-rights laws related to your transaction.
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19 December 2024 | 3 replies
Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.
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19 December 2024 | 4 replies
And the fact that you're local, on-the-ground, gives you a massive advantage.