AJ Satcher
Operating Real Estate Business Under An Existing LLC for Another Business
24 September 2024 | 2 replies
You can keep the same entity to conduct real estate transactions but it’s important to update to the operation agreement before doing so.
Annie Shie
Sheriff Sales online or in person
23 September 2024 | 2 replies
Does anyone have insights on how sheriff sales are conducted in Louisiana?
Shane Bishop
Property Management Software
24 September 2024 | 17 replies
Depending on the size of your portfolio, I suggest considering either "PROPERTYWARE" or "INNAGO":Propertyware is ideal for larger portfolios, offering customizable and automated reporting features.Innago has been very effective for me, enabling property marketing, conducting screenings, and managing rent and maintenance requests.
David Horton
Student Investor from Las Vegas, Nevada
25 September 2024 | 20 replies
Right now I am flooding my mind with books, blogs, videos and conferences, trying to learn as much as I can.
Rene Hosman
Poll: Have you invested in syndications before?
22 September 2024 | 2 replies
This weekend I was lucky enough to attend an MFIN - Multi Family Investor Network - conference here in Colorado and see BiggerPockets CEO @Scott Trench share the stage with @Ben Suttles and @Feras Moussa talking about the future of real estate investing, plus a number of other keynote presentations and informative breakout sessions.
Hana Mori
Is my first DSCR loan experience normal?
27 September 2024 | 40 replies
The appraisal was conducted a couple of weeks before the most recent Fed's rate cut.
Antonio Harmon
How to Develop the Best Strategy for Real Estate Investing?
23 September 2024 | 6 replies
Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.
Karolina Powell
First time interested in a larger multi-family - how do I verify financials?
26 September 2024 | 17 replies
Conduct tenant interviews or verify payment history to confirm rental income.For larger multifamily deals, work with a commercial real estate broker who specializes in multifamily properties.
Maria Murphy
Buying NPLs - recos & resources?
23 September 2024 | 13 replies
Thanks,MM IMN has a conference in europe all about buying NPL's in spain.
Noah Bacon
Looking to Hotel Hack at BPCON 2024?🏝️ Check out below👇
21 September 2024 | 53 replies
Not super picky Contact Preference: DM MeAdditional Comments: Conference dates only