Leon George
New to BP Community
24 January 2025 | 13 replies
Otherwise, they will just end up ignoring you and you'll get frustrated. 3) Naive/newbie investors get burned all the time by only looking at the numbers - w/o fully understanding how the location/property/tenant will affect those numbers.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Dillon Clark
New investor on a mission
24 January 2025 | 6 replies
So far besides a few books and a burning desire I am a complete novice to this.
Sarah Rilling
What Questions To Ask When Joining A Mentorship Program?
24 January 2025 | 3 replies
Why ask: Live interaction provides an opportunity to gain immediate answers to burning questions and allows you to learn from experts in real-time.
Bruce D. Kowal
The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
16 January 2025 | 1 reply
Let's break down a realistic timeline for building your REI business without burning out or risking your day job.
Kristen Swan
Asking Tenants for further information after being approved. ( I'm the Tenant )
20 January 2025 | 1 reply
They've probably been burned before.
Jonathan Greene
Why You Should Never Take a Break as a Real Estate Investor
27 January 2025 | 26 replies
.: I'm taking a break from buying and my previous approach of analyzing deals in inexpensive markets, looking at hundreds of properties on Zillow and running the numbers, which I spent hours each on each day and became really burned out.
Henry Clark
LA Fires Taxes and Insurance
14 January 2025 | 1 reply
Prior to clean up make an inventory even if burned.
Adrian Sopher
My Story; Life, Mistakes, and Opportunities!
19 January 2025 | 2 replies
I finished all the degree requirements only to discover I was extremely burned out and had to complete another year of electives to satisfy a minimum number of credits at that university.
Kevin G.
Investing out of state doing BRRRRs
27 January 2025 | 12 replies
So shift your expectations to most of the cash out and you'll be good and you'll actually start buying deals, versus people who wait for the perfect deal, spin their wheels for 6 months terminating contracts/analyzing hundreds of places, and then eventually burn out and give up.
Alex Hall
Subto FHA problem
20 January 2025 | 57 replies
Even if buying a property Subto in GA and you live in FL, you could miss something and the whole deal does a "crash and burn".