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12 January 2025 | 5 replies
@William Taylor so many options...Use your RE knowledge to: WholesaleFind rental deals to sell to investors locally or here on BPStart leveraging your personal contacts to build your sales businessFind a motivated seller willing to do seller financing:- Move in worst room or basement, rent out all the other rooms for max cashflow- You could even live in the basement and STR the rest of the house
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7 February 2025 | 12 replies
What I see often is these companies will put you in old houses, in the worst parts of town, with the toughest tenants.
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24 January 2025 | 35 replies
I hope more investors come on and give honest reviews so others can be spared from the worst experience I've had in many years.what is your attorney doing?
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29 January 2025 | 14 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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5 February 2025 | 205 replies
The unknown is always the worst and now knowing what to anticipate from all sides (fema, insurance, SBA, damage, cleanup, repairs and rebuilding, etc.) makes every future storm a little more tolerable.Part of it just comes down to the price we are willing to pay to live in such an amazing area.
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16 January 2025 | 6 replies
Think itthrough.Start smalland Make Your Big Mistakes Early.
1 January 2025 | 24 replies
You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.
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19 January 2025 | 6 replies
At least run this with good, bad, worst scenarios.
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13 January 2025 | 11 replies
.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?
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4 February 2025 | 10 replies
Networking with local investors through BiggerPockets, Facebook, and meetups can help you navigate the market, while avoiding common mistakes like underestimating expenses, poor tenant screening, and hiring the wrong property manager.Good luck!