Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Shay Sherbotseli Property purchase near philadelphia (Main line or farther away)
26 September 2024 | 14 replies
Quote from @James Mc Ree: My guess is you are a victim of analysis paralysis.
Anna Doumkina Cleveland. Section 8 investment.
25 September 2024 | 32 replies
@Anna Doumkina contact @James Wise with Holton-Wise
Matthew Estrada Lessons Learned: My Experience with The 'Flip System'
30 September 2024 | 47 replies
Quote from @James Wise: Quote from @Eric Martel: Here is an email you sent us.
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.
Don Konipol Dealmaker in Chief
24 September 2024 | 1 reply
Thanks Don great post.Out west we had Spanish land grants that went from the king of Spain normally to the top generals.
Kon Zel Memphis MultiFamily Investors - Need some advice
25 September 2024 | 7 replies
@James WachobWhat are some of the criteria that you look for when purchasing multifamily?
Nir Berko Renovating a Property for Section 8 Tenancy
23 September 2024 | 10 replies
I second what James said
Tanner Sortillo New Investor with $100k - Where would you start?
27 September 2024 | 47 replies
Quote from @James Wachob: Hello @Tanner Sortillo,They could look at picking up two properties instead of just one—maybe a new construction alongside a turnkey property.
Nadir M. Tenant doesn’t want to place TP in waste basket
23 September 2024 | 81 replies
Quote from @James Hamling: Quote from @Nadir M.: Quote from @James Hamling: Quote from @Nadir M.: Quote from @James Hamling: @Nadir M. it's not too much TP.