Anibal Sanchez
Looking to start this real estate adventure!
31 December 2024 | 7 replies
Welcome to BP - this is a great platform to initiate your real estate journey.Dive into comprehensive guides, connect with experienced professionals, and explore a wealth of opportunities that can help you achieve your real estate goals.
Kevin Collins
REI Nation Experience
31 December 2024 | 32 replies
., etc. for example finding cash flowing investment properties which meet your ROI goal of 9% is NOT HARD heck almost every state (and likely every state) has a market which will achieve that but what does 9% mean without a dollar value if 9% is = to $200 or more okay that’s okay but if 9% means $25/mo. or alternatively if 50% ROI means $25/mo. doesn’t really matter much since although labor differs from area to area it doesn’t differ that much and also doesn’t really leave much room for error — so your minimum accepted ROI should also be couple within a minimum accepted $$ value (cash flow) and other minimums as well (i.e. min. equity, property types, property classes, etc.)Lastly as I mentioned achieving a 9% ROI is not hard and is achievable in every state; the HARDER part is to 1) achieve that AND 2) achieve 10-20% min.equity on the buy in or ARV AND 3) meeting your min. $ value AND 4) buying in a good/stable neighborhood/market AND 5) buying with some type of upside AND 6) etc. etc. etc. —- Again I’m not saying you have to do these things; it all depends what type of investor you are and what you are looking for however it is important to understand that if you shift the responsibility of either identifying the invest property or managing or any other aspect there WILL be a trade off — in this case the turnkey company has delivered on your goal of 8-9% ROI (projected... so TBC) and in return you have traded some of the other benefits of investing in RE for the convenience of not having to do much more than to look over the properties they have sent you and funding it from the comfort of your home, office, etc. ... again if this is the goal then you are on point but if the goal is to also partake in ALL of the other benefits of RE then you should understand that and not be surprised that it’s not a ‘stellar’ investment that checks all the boxes.
Robert Liu
New build with delta build services in Cape Coral
22 January 2025 | 66 replies
I know first hand the permitting in Cape Coral is horrendous but what about over in Lehigh?
Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
However if I do a BRRRR I can achieve infinite return by extracting all of my investment.
Karma Abdula
Partnered Success in Arlington
31 December 2024 | 0 replies
In 2023, we sold it for $245,000, achieving a strong return and leveraging the experience to fuel future projects.
Mike Figueroa
Best strategy to scale my investments
31 December 2024 | 15 replies
What are you looking to achieve, to change, etc.
Kyle Carter
Apartmetnts with all section 8 tenants
5 January 2025 | 7 replies
I would caution you not to necessarily expect your NOI to be higher because you achieve higher rents leasing units to Section 8 tenants.
Kyle Carter
How to build a out of state team
7 January 2025 | 8 replies
Outline your goals and ask them how they can help you achieve those.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
Yeah my goal is around 30% but its hard to achieve, especially using a hard money loan.
Ivan Castanon
I need to change strategies. What should I do?
3 February 2025 | 47 replies
Prices are still relatively low compared to many other metros, and rental demand remains strong.I built my portfolio to 12 doors there while living in Detroit (now back in California) and have seen firsthand how the right strategy can still work.