![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2411310/small_1647781795-avatar-bruced76.jpg?twic=v1/output=image&v=2)
31 January 2025 | 7 replies
It's absolutely crucial investors know if they can or cannot use losses.Â
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/834440/small_1722385970-avatar-grantshipman.jpg?twic=v1/output=image&v=2)
4 February 2025 | 1 reply
Stick to Your TypeWarren Buffett once said, “The difference between successful people and really successful people is that really successful people say no to almost everything.”Apply this principle here:Decide on your property type.Say no to anything outside of that type.You can always pivot down the road, but starting with focus is crucial to building momentum.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2707871/small_1680057650-avatar-juliannm2.jpg?twic=v1/output=image&v=2)
8 February 2025 | 9 replies
Having a solid GC to lean one as you start your first BRRRR project is going to be crucial to your success.
13 February 2025 | 9 replies
SO lot's of language on this aspect.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2250205/small_1649989455-avatar-walderj.jpg?twic=v1/output=image&v=2)
5 February 2025 | 5 replies
Compare this to other hard money lenders to ensure you’re getting a competitive deal.Reputation: Before working with any lender, it’s crucial to check reviews, reach out to other investors who’ve used them, and potentially even meet with them in person.Experience with BRRRR: If possible, find out if they have experience funding BRRRR projects specifically.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3159633/small_1734743175-avatar-tylere236.jpg?twic=v1/output=image&v=2)
13 February 2025 | 5 replies
It’s crucial to ensure that your cash reserves can cover not only the mortgage but also unexpected expenses during the remodel.The 30% housing rule is a helpful guideline to avoid overextending yourself, and ideally, you should be comfortable with your monthly housing costs even without rental income.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3181530/small_1739207664-avatar-irvingr11.jpg?twic=v1/output=image&v=2)
10 February 2025 | 6 replies
Building and maintaining those connections feels like a crucial part of the process.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3181782/small_1739246556-avatar-robertj711.jpg?twic=v1/output=image&v=2)
12 February 2025 | 9 replies
Removing them would make the housing crisis worse, not better.At the end of the day, immigrants—documented or not—are a crucial part of our economy, not a drain on it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3173621/small_1737655416-avatar-aarons843.jpg?twic=v1/output=image&v=2)
26 January 2025 | 4 replies
An inspection is crucial to catch any major issues upfront.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/389417/small_1621448478-avatar-coopers1.jpg?twic=v1/output=image&v=2)
16 February 2025 | 4 replies
I have always loved athletics because of competition and teamwork, but would like to enter the world of Real Estate.My short-term goals in Real Estate include starting a career in an aspect of Real Estate investment.