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28 January 2025 | 1 reply
Any advice on how to find reliable gap funding sources or make it work within your deal structures would be greatly appreciated!
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12 February 2025 | 7 replies
You can create boards for each property and track updates, tasks, and improvements visually.Property Management Software: Some users also leverage software like Appfolio or Buildium for more comprehensive tracking, though these can come at a cost.It really depends on your preference for simplicity versus more structured systems.
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5 February 2025 | 6 replies
@Jason Sinclair, having a designer for a wife, I would answer that it really depends heavily on each house, the flow and usability of the spaces as they are, and the overall use of space in the house as a whole.That being said, while there may be a small shift towards more separated spaces, "open concept" is by no means dead, and in many markets, most people seem to still want to have connectivity between their communal spaces.In fact, my wife's current flip is a split level (although technically it is a split-foyer), and she is taking out a structural wall to connect the kitchen, dining and living areas.
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5 February 2025 | 0 replies
By structuring the deal efficiently and leveraging market conditions, we were able to secure a strong buyer and close quickly.
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11 February 2025 | 2 replies
Sellers have emotions, fears, and motivations—figure out what they need and structure your offer accordingly.4️⃣ YOU’RE FOCUSED ON THE WRONG THINGSIf you’re only thinking about your check, sellers will feel it—and they’ll shut down.Instead of worrying about your assignment fee, focus on solving the seller’s problem.✅ Are they facing foreclosure?
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17 January 2025 | 3 replies
Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.
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2 February 2025 | 1 reply
I had a good relationship with the listing agent and was able to structure a below value deal (beating out iBuyers and other investor offers).
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31 January 2025 | 4 replies
Depending on the severity of smoke damage and structural issues, it could be a huge challenge for first time flip.
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22 January 2025 | 8 replies
Beyond real estate investing, BiggerPockets Money has great episodes on how to avoid the middle class trap with your investments - ie how to structure your investment best so that they're not all locked up in accounts with penalties until you're 65.
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16 January 2025 | 4 replies
Even large and small businesses with intangible residual services like TV, internet, security, pest control or the local contractor with remodels in process could fall behind on payments revenue contract.