Alexander Dombeck
Advice On Commercial Real Estate Purchase - 1st Time Owner
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.
Kevin Oh
Shopping around for better rates
18 December 2024 | 12 replies
How trustworthy are they and are you confident in their ability to help?
Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
Your best bet is to get the rec from an investor-friendly agent who also flips (but be very careful with this, so many fakers) or an investor.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
In both my seller financed deals the primary bank I was betting on backed out.
John Dallas
Wanting to retire with a few cabins in the Western NC mountains.
19 December 2024 | 8 replies
I'm 25k out of pocket for permits and clearing.I bet the pre-permitted 10 contiguous lots on the river would appraise for at least 150k.Am i being overly optimistic?
Annie Anson
How to meet material participation hours for out of state investors
22 January 2025 | 25 replies
Your best bet is probably to get your real estate license and start actively being a real estate professional or buy a STR in your market that you can physically be at on a regular basis.
Nina Erlandson
Has anyone used Obie Insurance?
28 January 2025 | 56 replies
Although the property is worth way more than the loan we are needing and the secured collateral lien is really a sure safe bet and some easy money for someone willing to take the chance that isn't in it for anything other than to flip their money for profit/wanting to add to their portfolio, this would be an good opportunity for someone just starting out in real estate investment even.
Toby Khan
Wichita, KS Investors
9 January 2025 | 107 replies
@Toby Khan I’m not positive honestly, best bet would be to reach out to them.
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
To me, if you aren't at least maintaining 0 cash flow, you're betting too much on appreciation to the investment work.
Kathy Yao
Need help with a deal analysis
16 December 2024 | 4 replies
As a rental, tenants will likely prioritize the location over minor inconveniences.Your strategy of betting on appreciation and eventually pulling equity makes a lot of sense in this market.