Leon George
New to BP Community
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?
Lauren Rangely
Foundation repair options
7 January 2025 | 5 replies
You may have to search a bit for the right contractor or engineer - sometimes I see one solution dominating in an area - "that is how we always do it"
Dillon Clark
New investor on a mission
24 January 2025 | 6 replies
So far besides a few books and a burning desire I am a complete novice to this.
Sarah Rilling
What Questions To Ask When Joining A Mentorship Program?
24 January 2025 | 3 replies
Why ask: Live interaction provides an opportunity to gain immediate answers to burning questions and allows you to learn from experts in real-time.
Chantelle Lewis
Property manager recommendations - LA County
24 January 2025 | 3 replies
I am local to Los Angeles - based in Orange County.A bit about me: I’m a civil engineer by profession with experience in local government.
Sergio P Ramos
New development pitch.
12 January 2025 | 20 replies
It forced me to reach out to developers, to engineers dozens of local builders and most important like minded individuals.
Bruce D. Kowal
🌟 1031 Exchange QI Selection: Relationship & Reputation Deep Dive (Part 3/3
16 January 2025 | 0 replies
By and large, QI's have very high ethical standards, and are sometimes overlooked as the engines of this tax saving tactic.]REPUTATION MARKERS 📊INDUSTRY STANDINGMembership in professional organizationsLeadership roles in FEAEducational contributions to the industryRelationships with major title companiesCLIENT RELATIONSHIPS 👥Testimonials from CPAs and attorneysReferences from title companiesLong-term client relationshipsTransparent fee structuresRELATIONSHIP RED FLAGS 🚩Overly familiar with your realtor/brokerKickback arrangements (illegal!)
Dibyendu Mukherjee
Mortgage Tech User Research
12 January 2025 | 0 replies
Hello,I am a Software Engineer and a Real Estate Investor working on a tech product for the real estate mortgage brokers.
Bruce D. Kowal
The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
16 January 2025 | 1 reply
Let's break down a realistic timeline for building your REI business without burning out or risking your day job.
Emory Clayton
% of Maintenance cost
26 January 2025 | 2 replies
There are obviously a lot of variables that come into play.I'm looking at developing a small 2 acre property that has already been engineered for septic and platted for 8 mobile homes. 2 MH are already on site with all utilities present, but for the 6 MH remaining that I want to put on site, the land still has to be developed.