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25 January 2025 | 8 replies
The "Set it and forget it" mentality, I think, will limit your listing big time.I do all of the pricing across multiple listings.
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23 February 2025 | 7 replies
My preferred options are:1. house-hack with a duplex under ARV; live in one unit => renovate => rent the other unit2. buy a SFH under ARV that could be converted into a duplex (preferably adjacent units vs top/bottom) - I'm assuming the biggest challenge with this strategy would be separating the infrastructure for utilities; and costly.
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29 January 2025 | 9 replies
That shows real estate can be possible for anyone; in my opinion, I know everyone has unique and challenging situations, but in principle, anyone who can follow some basic budget fundamentals can save up enough for a down payment.Grateful BiggerPockets continues to bring more people into the industry!
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18 February 2025 | 9 replies
@Ngozi Iwunze If you flip a house and buy a triplex, avoiding capital gains tax is challenging since flips are taxed as ordinary income.
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7 February 2025 | 12 replies
@Keetaek Hong I have a lot of clients who are facing the same challenges but they understand the long game and that it's imperative to build a portfolio, With that lowered interest rate I mentioned you are looking at 30% down and including PM fees will typically have you around break even or barely positively cash flowing.
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5 February 2025 | 7 replies
It was all very confusing and challenging because getting free information wasnt as easy as it is now.
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20 February 2025 | 3 replies
•Section 8 can be great for consistent rent payments, but it comes with its own challenges.