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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.
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19 December 2024 | 2 replies
It’s worth asking upfront about lease renewal fees, markups on maintenance, and early termination penalties.Finally, a quick personal anecdote: A few years ago, I had a client struggling with a nightmare tenant in Mission Viejo.
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28 December 2024 | 8 replies
I had later found out, he had done ZERO work at all himself except for the times I was there and literally called him in and I had asked him to help his friend who was clearly struggling.
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20 December 2024 | 10 replies
For the listings that are struggling, try using the calendar promo feature on Airbnb to help boost visibility.
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22 January 2025 | 203 replies
Those not struggling financially to live here can live where they want.
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16 December 2024 | 3 replies
However I am struggling to understand and evaluate the risks involved with cash out refinancing 2-5 years down the line.
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15 January 2025 | 144 replies
So struggling to figure that part out.
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11 February 2025 | 1681 replies
But for anyone struggling with this particular soul challenge, may I add that we are all suckers at certain times.
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14 December 2024 | 6 replies
Quote from @Christian Bobby McLemore: Quote from @Jonathan Greene: What's the struggle?
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14 February 2025 | 161 replies
This is easier said than done, I struggle with it and flip back and forth, but real life seems to be never a straight line and more zig-zag.