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29 January 2025 | 8 replies
I highly recommend you start going to meetups.
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5 February 2025 | 14 replies
I would recommend opening up a brokerage account with Schwab, Fidelity, Vanguard or any other large firm like this.
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3 February 2025 | 6 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
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8 February 2025 | 12 replies
Since it is your first I would say all the above are great recommendations.
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29 January 2025 | 2 replies
We don’t know any PMCs to recommend in the Cape Coral/fort Meyers area, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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12 January 2025 | 8 replies
It is surprisingly easy to manage out of state and if you want more tips on how, check out Bigger Pockets book "30 Day Stay" on Mid Term Rentals.
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27 January 2025 | 4 replies
I've wanted to know some tips you guys have on wholesaling and starting young and what I should know before I start.Important question: How can I calculate or give an educated guess on a property's repair cost on zillow
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31 January 2025 | 11 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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4 February 2025 | 8 replies
Thanks everyone for your recommendations.
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4 February 2025 | 3 replies
That cost us 3k to fix Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?