Jerry N.
Clasisfication of class A, B, C, D ... MFH and apartments?
2 November 2014 | 21 replies
The negative neighborhood can reduce the ability for a property to live up to its class, but should not change the classification of the property.Just as an Olympic caliper athlete on a second rate high school team may not reach his potential.
Marcus Kennedy
New Guy here!!
18 November 2012 | 16 replies
My suggestions from this point forward ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Do not mention you played professional sports anymore( gold diggers / con artist / etc )Do not put “professional athlete” in your online bio( maybe mention the college you attended )Attend your local rei clubs meetings as average joe (do not be flashy at all while working with realtors and investors – clothes ,jewelry, costly meals, transportation )If you can play another season or two go ahead– offset your initial real estate investing costsMaybe consider being a real estate agent near your local college “Shaq” move -> local popularity to sell propertiesWatch ESPN “Broke” Directed by Billy CorbenAct & talk like your average joe when working with agents / investorsStart out at a small modest rate when investing avoid friends/family members looking for hand outs - jobs , cash , etcAvoid real estate gurus– Do not go all or nothing attitude when you start out investingGo through Bigger pockets threads during your down timeTeam up with people you can trust and get alone with Use other people money when possible (private money)– local and overseas connections- stay away from hard money loans , if possibleReally know your local market your investing inMaybe hire a property management to work with tenants (tenants might act stupid,, if they think you already have money)(property mgmt - always double check their numbers)(do not be afraid to fire someone when need )Real Estate investing is a business ( you can be ahead or down really fast )Good luck
Arn Cenedella
Cash flow is NOT king!
10 August 2023 | 127 replies
., that would extend that recovery period even longer.Percentages lie.
Erick Alvarado
New Student Investor
15 December 2016 | 1 reply
I have been following BP about 18 months while I medically recover. I
David Roe
Why is Hard Money Private Lending so difficult right now
5 June 2020 | 20 replies
You seem fairly confident in your prediction of a quick recovery.
Christopher Freeman
Building the Right Chart of Accounts
23 July 2018 | 4 replies
gah, accidentally hit enter and can't delete/edit from mobile...Depreciation was on my radar, but I hadn't thought about how it might affect visibility into damage recovery from security deposit withholding.
Account Closed
PM asking for money.....
4 May 2021 | 48 replies
I would encourage them to go after the tenant for recovery, which is their job anyways.
Ryan Johnson
Rentals why no cats?
11 February 2011 | 28 replies
I'm leaving my property because I don't feel it safe anymore, or that it will ever recover I apologize if this makes you mad or anyone else.
Michael Claus
To buy cash or not buy cash
23 November 2014 | 1 reply
(now you're 32k behind)2 - It generated a recovery/return of 100k+ (now you're 70k ahead)3 - You spend it on another deal...
Davido Davido
Seeking to use abandoned Tax Delinquent properties for privacy & tax avoidance
30 January 2017 | 41 replies
Then he went into surgery and had a difficult recovery.