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14 February 2025 | 2 replies
So I am looking to see if anyone has ideas about what options I should consider to gain more experience in real estate investing as I get my finances up to make my first purchase.
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8 February 2025 | 2 replies
Hello I am new too Bigger Pockets and want to learn Commercial Real Estate Investing but I don't know how, I heard that this website can help with beginners.
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28 February 2025 | 46 replies
A good agent that understands investing, if they are doing their job, is worth their weight in gold.
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27 February 2025 | 0 replies
Here’s a breakdown of the pros and cons of each approach based on my experience:Tenant Swapping:Pros:Tenant Retention: Keeps the property occupied, which helps avoid vacancy periods.Minimizes Turnover Costs: No need for cleaning, marketing, or re-screening tenants if the new person is already known.Flexibility for Tenants: Can be seen as a more tenant-friendly approach, allowing them to find a replacement without facing penalties.Cons:Risk of Unknown Tenants: The new tenant might not be as reliable as the original one, leading to potential issues down the line.Lease Violations or Delays: If the new tenant doesn’t meet the lease requirements or fails to sign a new agreement, this can lead to complications.Operational Complexity: Keeping track of the lease terms, managing paperwork, and ensuring proper screening for new tenants can increase administrative work.Notice for All (One Notice to Vacate for Everyone):Pros:Clear Expectations: Everyone knows what’s expected, and there are no surprises with last-minute tenant changes.Consistency: Easier to manage leases and tenant turnover with a straightforward system.Quality Control: You can screen all tenants that are moving in, ensuring the new occupant meets your standards.Cons:Longer Vacancy Periods: The property may stay vacant for longer, especially if finding a replacement tenant takes time.Tenant Frustration: Current tenants may not be happy with the requirement to vacate, even if they want to stay.Marketing and Re-screening Costs: You’ll have to go through the process of finding and screening new tenants, potentially leading to increased costs and downtime.I’d love to hear what others are doing!
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18 February 2025 | 8 replies
Our lease doesn't say anything about re-measurement and therefore there is no window.
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23 February 2025 | 13 replies
If not, you may consider just selling it and reinvesting the equity into a different property or properties.
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17 February 2025 | 7 replies
I recommend people only sell if (a) you can invest the capital in something that performs better, or (b) it aligns with your goals.
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4 February 2025 | 1 reply
Investment Info:Single-family residence fix & flip investment.
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6 February 2025 | 7 replies
Welcome to BP Marcus and good luck investing!
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12 February 2025 | 9 replies
I live and invest here rentals, flips and STR's.