Paul Welcome to Bigger Pockets !

Welcome to Bigger Pockets !

I am new to the concept of real estate investing and eager to learn more and immerse myself in the community and culture. I haven’t felt so passionate about something since I discovered my love of adventure through ro...

I am seeing a ton of investors spending money on education to get into bigger deals at an accelerated rate only to retreat back to buying the properties  that were of appropriate size and undertaking.

So that comes out to be $40K per home in the end.But during the DD, I've found instead of 40 vacant pads, only 35 vacant pads are usable, so there is a loss of 5 spaces for me.What is a FAIR way (to both sides) of reducing the purchase price to account for the missing 5 vacant pads?

Seeing what bigger pockets is about, how has bigger pockets been to you?

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I definitely think a lot more people invest in the bigger cities.

Using a turnkey condo for short-term rentals on weekends while reducing your commute could be smart, as long as STR income covers costs and local regulations allow it.From tax perspective, if you personally use the STR as you intend, you cannot create losses under vacation home rules.