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24 January 2025 | 4 replies
You could use tools like Airdna and Pricelabs, filter for 30 min listings, and see what it tells you.
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30 January 2025 | 4 replies
All advice and tips are appecriated, thank you
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6 February 2025 | 4 replies
My one tip would be, its not about getting wealthy quickly, but more long term.
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31 January 2025 | 7 replies
Mitigation Strategies:Consider qualifying as a Real Estate ProfessionalGenerate passive income through strategic investmentsPlan property dispositions to release suspended lossesMake appropriate grouping electionsStructure leases to demonstrate active participationThe Bottom Line:Cost segregation studies remain a valuable tax planning tool.
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27 January 2025 | 6 replies
Hard money beginning a great tool simply depends on the property you are flipping and the lender you use.
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27 January 2025 | 1 reply
Buyers and sellers should consider some amount of closing money be held in escrow after closing to cover potential problems with the non-responding tenants.Does anybody have any experiences to share with successful use of a Tenant Estoppel Letter, or times they wish they'd know about this tool before entering a Purchase and Sale Agreement?
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22 January 2025 | 13 replies
Learning how to use the correct tools and materials for a job, YouTube videos and even ChatGPT will help you get through 80% of the problems you will run into.My rule was I would not mess with HVAC, plumbing and electrical Or if it would take more than a few hours.
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1 February 2025 | 2 replies
Homeownership remains the greatest wealth-building tool for Americans, and policies that support this transition could have lasting economic and social benefits.Jesse Brewer is a local county commissioner in Boone County Kentucky and has been serving his constituents for 6 years.
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28 January 2025 | 10 replies
BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.
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23 January 2025 | 10 replies
Avoid PMI and then go to a local credit union and get a heloc after closing to gift the money back.Have this as a tool in your tool belt but pursue use of the 3.5% FHA, knowing that you will be at a competitive disadvantage if you are competing with non FHA buyers, then you can call in the favor from your gift person.Just know that if someone gifts you down payment money, your bank will require them to sign a letter stating that it is in fact a gift that doesn’t need to be paid back.