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12 January 2025 | 20 replies
@Drew Sygit had an excellent response regarding property class.
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22 January 2025 | 56 replies
Achieving excellence in anything generally requires an extreme amount of dedication and time commitment, time that could have been spent doing a thousand other things.
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12 January 2025 | 23 replies
Most successful real estate investors could have excelled in a number of other fields.
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10 January 2025 | 13 replies
The most important thing is to know the details of your local program like the back of your hand, then look for loopholes.Just to give you and the other BP'ers a deeper handle on why some TDR programs work and some don't, I just uploaded an excellent study on the topic to my FilePlace at http://www.biggerpockets.com/files/user/ChrisNewma...
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7 January 2025 | 9 replies
As a realtor who works closely with both short-term and long-term rental investors, I’d love to be a resource for you while you’re in town.Having spent my entire life here, I know the city inside and out (Indianapolis) , from neighborhoods with strong rental demand to up-and-coming areas that offer excellent long-term growth potential.
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7 January 2025 | 22 replies
These companies invest for long term growth.Here's why exploring these options could be a win:Less competition: Fewer investors might mean you snag a better deal.High growth potential: Up-and-coming areas can offer excellent appreciation alongside decent cash flow.Unique opportunities: Discover niche markets with specific tenant needs, like student rentals or corporate relocation hotspots.
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20 January 2025 | 57 replies
If you’re referring to the “newbies” with $10k to their name that watch a video by Pace and get excited and pay for joining, go out with their last $5k and do a sub to with a “desperate” homeowner without revealing all the possible consequences (because they are unaware of the consequences through lack of experience and lack of knowledge and or choose not to inform the seller) then I agree, it’s probably going to turn out badly for all concerned.If on the other hand you’re referring to a seasoned investor with excellent credit, significant cash reserves, who wants to add a property to their portfolio without going through loan qualifying, and can pay enough to give the seller “walking away” money because of the low existing interest rates and or, and is dealing with a informed seller, then I find nothing wrong or negative about the transaction.
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29 December 2024 | 8 replies
You could put in a range of numbers for purchase price and closing costs, renovation expenses, and expected returns and you could very quickly get a range of projected return on investments (although an excel spreadsheet could easily do this as well), but I'm sure as technology develops we will see even more sophistication in AI's ability to assist in deal analyzing.
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30 December 2024 | 7 replies
This platform offers excellent networking opportunities.
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11 January 2025 | 31 replies
@Jay Hinrichs @Jonathan Greene @Nicholas L.you have all helped me to really consider what type of challenge / path I want to get into, and all this information is excellent.