Terrance Brewer
New Member in NJ
27 December 2024 | 13 replies
Building a network here can open doors to partnerships, mentorships, and local insights.3.Explore the Blogs and Podcasts: BiggerPockets has tons of content—blogs, podcasts, webinars—that cover everything from beginner strategies to advanced investment tactics.4.Utilize the Deal Analysis Tools: If you’re considering an investment, the deal analysis calculators are invaluable for running numbers and understanding potential returns.5.Set Clear Goals: Define what you want to achieve, whether it’s learning a specific strategy or connecting with certain types of investors.
Keegan Felix
Full time working mom of 3 in my 40's with 8K to invest
9 January 2025 | 21 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
There is an online calculator that tells you how much interest you have to give them (no it doesn't matter if you actually made that amount of interest or not on the deposit).
Christian Jones
Best Property Managers in Columbia
26 December 2024 | 5 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
A cost segregation study should only need to be performed one time for each property and the annual depreciation calculated during the study using the detailed asset listing is relevant for as long as you own the property.
Jeff Skinner
New Investor Ohio
1 January 2025 | 14 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
Evan Ross
Managing rent increases
30 December 2024 | 11 replies
We still need to calculate appliances, flooring, windows, HVAC, fixtures....My point is that we need to be putting away money to keep our properties in max market rent rate condition.
Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
Here's a bit more in detail about how rates are calculated for DSCR loans:1.
Scott Baker
New to the community
25 December 2024 | 2 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
Lenny Montesano
Young aspiring real estate investor seeking advise
3 January 2025 | 26 replies
Focus on one or two target markets, get familiar with the numbers, and use tools like BP calculators to analyze potential properties.Whether you start now or after graduation depends on your bandwidth, just have the right systems and support in place first.