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3 January 2025 | 26 replies
Hey Lenny,Love to see that you also got the Real Estate bug so youngI recommend a BRRRR/house-hack for your first oneBuy a place that you can live in with a low downpayment, fix it up, and then you will have the option to 1) Refinance and live in it2) Refinance and rent it out3) Sell and do it over again4) Dont refinance and continue to live in it5) Dont refinance and rent it outYou will have a ton of flexibility and the safety of knowing you have a place to livePlease reach out via DM if you have any questions moving forward.
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15 January 2025 | 49 replies
I signed up for the paid version of Stessa through biggerpockets only to encounter flaws in their software, connection issues that have been ongoing for 10+ months, and basic feature missing that leave me dumbfounded.
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9 January 2025 | 16 replies
In our company we basically use the cloud based expense reporting software that takes care of the accounts, invoicing and billing in a precised and significant manner.
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26 December 2024 | 18 replies
She spent countless hours on the phone—with me, the city, contractors, and other key players—to help find the best path forward when she didn't have to.What I Learned:Insurance is your safety net: Always double-check that you have the correct policy for your project type.
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30 December 2024 | 3 replies
Quote from @Francisco Solano: I suggest you ask a business attorney in your state for this basic template.
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2 January 2025 | 0 replies
It was great to get our heads in the game, and got us to move quicker to get a house (since we were basically forced to get a pre-approved loan in order to tour houses...).
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6 January 2025 | 38 replies
Basically, what these guys did to some of our Real Wealth Network members allegedly is:- GEG showed RWN some of the properties they had renovated and leased out to prove their business model- They told our members via a webinar that they buy, renovate and sell rental properties below market value to investors with 8% cash flow- They said they offer non-recourse financing at 50% LTVIn reality, GEG sold properties that were not always renovated - even if the price point reflected a renovation.
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1 January 2025 | 14 replies
It will familiarize you with the basic terminology and benefits.
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4 January 2025 | 14 replies
I feel like this may be the best opportunity for house hackers as there will be some early adopters who capitalize on it because you can basically turn a single into a multi.
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6 January 2025 | 8 replies
If you've only been a commercial agent for 6 months, you are just learning the basics.