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20 February 2025 | 5 replies
@Daniel LangRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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14 February 2025 | 4 replies
This includes networking, learning from experienced investors, and strengthening your financial position.If you’re starting with limited capital, setting up an LLC and building a strong credit profile (700+ FICO) can open up financing opportunities.
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9 February 2025 | 5 replies
These associations often provide networking opportunities, legal guidance, and best practices to enhance your rental business.
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1 February 2025 | 14 replies
Would really like to network with other investors.C'mon!
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5 February 2025 | 15 replies
Quote from @Angelica Byrne: Hello everyone,I am newbie to this network and with investing in general in real estate.
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12 February 2025 | 6 replies
Because the reality is that one deal won't make you rich, but the continuous growth you get by doing deals and building your skills, network, and expertise will create the foundation to get you there!
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4 February 2025 | 13 replies
Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!
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13 February 2025 | 8 replies
Hey @Timothy Hero, we have several lenders in our network that offer DSCR on 5+ units.
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13 February 2025 | 15 replies
From there, I try to figure out why this house isn't selling, and if I'm still interested I'll make an offer at a price that works at my numbers.Other than that, yes I think it is a great idea to dig deeper into more creative methods of finding deals - wholesalers, direct mail, door knocking, networking, etc.
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13 February 2025 | 22 replies
It might be best to simply go to a local REIA networking event and meet some wholesalers that have been doing this for 15 years and buy a deal from them.