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24 January 2025 | 18 replies
To get started, continue learning through podcasts like the BiggerPockets Real Estate Podcast and books like "The Book on Rental Property Investing" and "Set for Life."
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16 January 2025 | 16 replies
@Paul Choate sends out the 'invite' each month so you can follow him, or try setting up a keyword with 'OKC' or 'Oklahoma' and it will pop up in your feed.
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29 January 2025 | 3 replies
To set the stage, I'm owner of a short-term rental property in the Poconos in PA and we use a property management company for bookings, maintenance/cleaning, guest management, etc.This past weekend we had a guest booking but when the guests arrived Friday evening the house had no running water, though it had been running fine earlier in the day when the Property manager (PM) was at the house to give a final check and leave the welcome packet.
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7 February 2025 | 13 replies
I set a budget for $5 per day, and set my target market for the entire US.
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30 January 2025 | 47 replies
U have to understand the mind set of many people in these markets THEY PREFER to rent they dont want to own.. its not like someone on the Coasts in high priced markets where they have seen folk get wealthy just owning a few homes. and your not adding in Property tax and maintenance.. folks that are/were renters just dont have the same mind set when it comes to taking care of the property or the cash to do so.But until you try it and actually talk with those in the market there is no way of knowing that many of these folks simply prefer to be renters..
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24 January 2025 | 17 replies
Do you have money set aside?
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21 January 2025 | 4 replies
For that, you'll want to ensure your LLC is already set up and approved in the state where you’re operating.Most lenders are fine with the funds coming from your personal account, especially if the LLC is newly formed.
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30 January 2025 | 7 replies
We're fortunate to have an above-average income and live well below our means.This summer, we’ll be moving to Detroit (PCSing in August), and we’ve saved about $120,000 to invest in addition to having funds set aside for the home we’ll purchase in Detroit.The reason I’m posting is that I’m struggling to decide how to best allocate the $120k.
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28 January 2025 | 11 replies
Back yard landscaping is usually the biggest expense at $5-6k for artificial turf and rock, but doing this sets you apart from the others.
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22 January 2025 | 4 replies
The success of that venture set the foundation for my career in real estate.