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20 March 2024 | 0 replies
Here are some steps to get started:Market Research: Identify areas with strong growth potential, low vacancy rates, and high rental demand.Financial Analysis: Evaluate the cost of construction, potential returns, and your financing options.Legal Considerations: Understand the zoning laws, building codes, and permits required for new construction in your chosen area.Sustainability: Consider incorporating green building practices to increase the property's appeal and long-term value.The Bottom LineWarren Buffett's investment in new construction underscores a broader trend in seeking alternative avenues for growth and diversification.
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20 March 2024 | 19 replies
Since no news article I’ve read on this ruling has been willing to summarize business practices in this industry, I may as well educate you as it seems no one else is willing to.When selling a home with a licensed real estate agent, the first step is for the seller and agent to enter a contract called a “listing agreement”.
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20 March 2024 | 8 replies
Don't kid yourself that they are keeping the rest of the house in pristine condition and no more damage will occur before lease expiration.Going forward, discuss with your property managers concerning their screening and follow-up practices.
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19 March 2024 | 6 replies
Shortest stay has been 6 weeks; longest stay has been practically a year.
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20 March 2024 | 23 replies
To get the most out of your networking, make it a practice to participate in forum discussions on a regular basis, go to meetups, and interact with other users.By actively participating in the BiggerPockets community and connecting with other investors, you'll be well-positioned to find your first cash-flowing real estate deal in 2024.
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19 March 2024 | 9 replies
Come up with a plan - I recommend that you start in your own backyard first and get some practice with some local homeowners who are in distress or want to sell.
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19 March 2024 | 11 replies
Then that’s a horribly deceptive practice by local solar companies.
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19 March 2024 | 6 replies
I'm not sure if Oklahoma requires filing or not, but it's good practice to do as you'll be able to accumulate carryover losses that will offset future tax years where you do have income.
19 March 2024 | 3 replies
It has a ton of practical information, links to your state laws, sample forms, and it's all easy to understand.
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19 March 2024 | 30 replies
I think the ruling "doesn't disallow" the current practice, its just trying to open up to different practices.