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17 January 2025 | 6 replies
Hello,
I'm a long-time listener of the Bigger Pockets Money Podcast. Due to time constraints (I was a graduate student), I've been holding all my investments passively in ETFs. However, I think some upcoming life cha...
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24 January 2025 | 5 replies
My favorite ones (as a Contractor) are those like : "How much will it cost to re-wire my entire house?"....."...
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22 January 2025 | 56 replies
Could I have scaled more by re-leveraging?
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14 February 2025 | 25 replies
Before you raise rents, give it a full calendar year then re-evaluate.
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21 January 2025 | 35 replies
This year I received a bill from the PM with the following line items and costs: - Bathroom 1 : Shower/Tub Caulking | Re-caulk tub- Bathroom 1 : Toilet bolt caps | Missing bolt cap- Bathroom 1 : Window Covering | Missing miniblinds- Bedroom 1: closest to the front door : Door/Knob/Lock | Door know needs tightenedNeeds deadbolt installed- Bedroom 1: closest to the front door : Window Covering | Broken miniblinds needs repaced- Kitchen 1 : Wall/Ceiling | Pull nails and spackle- Living Room 1 : Wall/Ceiling | Nail and holes in paneling- Living Room 1 : Window Covering | Miniblinds need repairedLine ItemsDescription AmountMacomb Glass Invoice $40.99Sherwin Williams Invoice $40.60Walmart Invoice $62.37Total $2,271.271 of 2Ace Hardware Invoice $82.93Ace Hardware Invoice $28.33Ace Hardware Invoice $42.50Macomb Glass Invoice $188.58Walmart Invoice $135.30Ace Hardware Invoice $65.19Ace Hardware Invoice $9.78Shop Supplies $3.00Labour hours 24.18 @$65 rate $1,571.70Total $2,271.27This is a very small, one bedroom apartment in a fourplex.
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23 February 2025 | 39 replies
Nothing wrong with being an agent, but like others have said..an agent will have way more resources, credibility, for commercial real estate.If you raised money and portrayed yourself as a professional investment firm, kind of like a mini hedge fund, and networked with owners and professionals, and end up getting a deal because now you're a real buyer with money, and you flip that property to another outfit or individual at a large mark-up..that's what I always considered wholesaling.The problem with all of this is, commercial owners are smart, commercial buyers are smart, very smart and will see through BS immediately.So a buyer may see what you're doing, but, if you got a really good deal, and it has re-positioning opportunity, value-adds, then they will buy.
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8 February 2025 | 14 replies
@Jason Weidmannit's only solid if:1) you pick a market that you can go to in person and build a team first, and 2) you recognize that RE is a long-term investment, and you may have to wait 5-10 years, or longer, before seeing ANY return.
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29 January 2025 | 3 replies
I will tell you he did a great job because very little interior re-work was required - but it was a substantial hit to the Reno budget!
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22 January 2025 | 5 replies
As Nicole mentioned I'd try going to local RE Meetups to find other mid term investors in Baltimore.
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12 February 2025 | 15 replies
If that happens during the spring, this is could be a devastating RE transactional year.