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27 January 2025 | 18 replies
If not, then you got into this way wrong from the get-go, and get that MAO sorted now.
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13 January 2025 | 9 replies
So, I would probably try to get her to sell her interest to you.
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16 January 2025 | 10 replies
However, after you get some experience, you probably want to get a Private Lender since this will allow you to keep the majority of the profits.
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24 January 2025 | 13 replies
Otherwise, they will just end up ignoring you and you'll get frustrated. 3) Naive/newbie investors get burned all the time by only looking at the numbers - w/o fully understanding how the location/property/tenant will affect those numbers.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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9 January 2025 | 11 replies
The best way to think about it is you're in the business of renting a property-that business isn't operational until it's ready and available for rent (aka in service).
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11 January 2025 | 4 replies
Ready or not, gonna find you and make you mine.
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7 January 2025 | 12 replies
Get out of your comfort zone.
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5 January 2025 | 0 replies
This move-in ready house features a stove/oven, refrigerator, and dishwasher in the kitchen.
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15 January 2025 | 15 replies
Hi @Jasmine Thermitus welcome to Bigger Pockets and congratulations on getting started on your real estate journey!
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10 January 2025 | 7 replies
Welcome to the community and be ready for a huge amount of information at your finger tips.