Alexander Dombeck
Advice On Commercial Real Estate Purchase - 1st Time Owner
19 December 2024 | 3 replies
Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
And for anyone that would like to work with us please reach out before you believe everything you see online.
Jonathan Greene
Don't Become a Property Hoarder or a Door Counter
3 January 2025 | 40 replies
Quote from @Stuart Udis: Unfortunately there's a ton of online content teaching novice investors that reaching XYZ number of doors equates to financial independence.
Kevin Luttrell
Property management company recommendations in OC
19 December 2024 | 2 replies
TrueDoor appears to have a great reputation online, I'll be giving them a call.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
David, are your credit literacy and other presentations posted somewhere online?
Haidee Rivera
Has anyone done coaching with Ray Zhang of Virtual Land Flip?
23 December 2024 | 9 replies
In Land Investing Online there is a free support group as well as an affordable monthly subscription (I think $100) where you can share your deals for input from the other members.
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
Some towns require a nightly online form to be filled out for any non-residents who are parking their cars (this is easily automated from an operational standpoint).As the MTR market becomes saturated over time, those who have separated themselves from the rest of the "competition" will continue to perform well by having an outstanding listing and all the MTR-specific amenities.
John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
Why Choose Parasec- Efficient and Accurate Work- Online Access to Entity Information- Comprehensive Nationwide Solutions- Experts Ready to Support Your Needs- Cost-Effective Services https://matsorensen.com/bois-halted-again-5th-circuit-revers...Customer Testimonial"Your group has always been able to explain confusing government stuff and is very helpful.
Shawn Nofziger
Real Estate License? Yea and nah?
20 December 2024 | 19 replies
My first MF I represented the buyer on I made 100k. for maybe a weeks worth of work. 3. if your going to be looking a more resi style duplex 4 plex a lot of those get listed and having access to the MLS is far superior to any other on line listing service ONE simply because you will be able to talk to the actual LIsting agent not someone paying for leads.And then of course having access to MLS lock box's and not relying on agents.. this is huge.Now if your maybe going to buy one property sometime in the future and you have no interest in learning the RE laws of your state or making any money with transactional real estate then sure.. its a pass.. although I would still recommend the pre license course so you learn the basics the vocabulary and states unique laws.. knowledge is power in RE.
William Burns
Detroit Housing Commission Section 8 System
18 December 2024 | 5 replies
3) It's been 5+ years since we've seen a S8 tenant lose their voucher for property damages, not paying their portion of the rent or utilities, or other lease violations (letting others move in with them).It's our opinion that #2 & #3 above are caused by overworked caseworkers not having the time to process the extra required paperwork, so they take the path of least resistance.4) S8 needs someone at the federal level to put more of the program online and streamline the process!