Craig Daniels
Relative ranking of my first rental "deal" vs. the rest of the US (monthly cash flow)
8 December 2024 | 7 replies
Seasoned investors have a minimum per door and that's around $150/mo now.
David Martoyan
What’s Your Biggest Lesson Learned From a Fix-and-Flip Project?
5 December 2024 | 20 replies
And then do it again.It is actually possible to have a super experienced General Contractor, a very deep pockets money partner, and still lose money on a flip.The most common reason, in my experience, is having a project run over schedule and placing the property on the market during the off-season.
Youssef Pullman
how to start with Virtual wholesaling
4 December 2024 | 3 replies
You could also JV with a seasoned professional.
Dean Halpin
Need Real Estate Guidance (22 yrs old)
10 December 2024 | 7 replies
We specialize in joint venture transactions, collaborating with both seasoned and new investors.
Chase Benson
New member from Montana
3 December 2024 | 4 replies
Looking forward to connecting with fellow investors, seasoned pros, and anyone who’s on a similar path of building wealth through real estate!
Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
Proper bookkeeping now will save you so many headaches during tax season and as you expand your portfolio.Best of luck as you grow your real estate business!
Michael Mullins
Has anyone used BeyondBNB
11 December 2024 | 34 replies
It has my peak seasons 2-3 times higher then my competitors but I think it's way too high and I'm going to have to drop prices dramatically later to get a booking.
Alberto Freites
The Miami Market is Overrated?
27 December 2024 | 66 replies
Sale to sold ratio is 5:1 wow but price is flattening without reduction of seasonality ; basically this market is bought by in-migration from NYC/MA area pretty much, it's not an organic growth.
Imani Naomi
Good Times to Invest vs Bad Times to Invest
3 December 2024 | 3 replies
Phase #1 - Recovery - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."
Jose'Luis De La Torre
Hello everyone. I just joined the community👋
4 December 2024 | 14 replies
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