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25 September 2024 | 9 replies
Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.
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24 September 2024 | 8 replies
I deal with numerous Brands.
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25 September 2024 | 8 replies
Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.
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23 September 2024 | 5 replies
Search the BP for ADU appraisals to encounter numerous examples.
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27 September 2024 | 47 replies
My suggestion would be to read 1-2 books/articles in each space and then set up conversations with 1-2 investors in each space to truly understand what skill sets, etc... would be needed in each avenue.
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24 September 2024 | 0 replies
This has the potential to be passed later this year.For additional questions, checkout this article on Cost Segregation FAQs.Have you had a cost segregation study performed on your single family home?
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27 September 2024 | 48 replies
While you may not be considering moving to a market and house-hacking, I think this BiggerPockets article still offers great data for out-of-state buy-and-hold investors.Key takeaways: Fayetteville, AR and Indianapolis, IN may be good places for you to start if you're new.
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26 September 2024 | 9 replies
This post addresses the first question above through my own research: appreciation of new construction versus older/existing homes.Scope & methodologyOut of Scope: I have found lots of articles on the pros and cons of buying a new vs existing home.
24 September 2024 | 9 replies
This may help too..https://help.pricelabs.co/portal/en/kb/articles/listing-mark...
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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.