
11 April 2024 | 7 replies
I hope you can get her out quickly and move on.

10 April 2024 | 1 reply
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

11 April 2024 | 5 replies
Try looking at it a slightly different way with some quick math:$900,000 sales price$22,500 cost of purchase (appraisal, points, lender fees, title fees, etc - 2.5%)$90,000 cost of sale (10% commissions, closing costs, buyer credits)$64,000 carrying costs (6 months at 10%)$25,000 additional carrying costs (6 months taxes, utilities, HOA, misc)$100,000 rehab cost (the number used above)$68,500 profit = $530,000 max allowable offer.Some numbers may be a bit high, others may be a bit low.

10 April 2024 | 14 replies
Find a mentor or local investor who can guide you through your first purchase, or even just give you some tips and wisdom.

11 April 2024 | 4 replies
As soon as I was, things changed quickly in finding deals, bringing people together, and creating investing opportunities.I wish you all the best…and hope you’ll find greater value and camaraderie in this community.
11 April 2024 | 12 replies
Money is quickly lost without it.

10 April 2024 | 13 replies
Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.
11 April 2024 | 11 replies
We were able to find the tenants quickly.

11 April 2024 | 23 replies
@Jay HinrichsHere is a quick outline.

10 April 2024 | 7 replies
You may get some people off the bat who won't want to take on the project.I'd also recommend having a timeline in mind for how quickly you want to get the project done and asking each contractor if they have other trades they have experience working with and like working with.