Chris Primavera
Considering first time STR investment in Gatlinburg area, looking for advice.
28 December 2024 | 12 replies
Feel free to message me, I would be glad to give you my opinions on where I think a good market would be based on your financial situation.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
Quote from @Stuart Udis: ....But I set the goal of acquiring 50 doors in the next 3 years using the BRRRR method and will then be financially free...isn't that a scalable business :)We see the above type comments from not so experienced investors or business owners all the time being posted on BP.
Charles Fay
What to do with savings
2 January 2025 | 8 replies
How long it takes to be financially ready is different for everyone.
Sakib Khan
Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
@Sakib KhanRecommend 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?
Ana Maria
Anyone ever bought an investment property through SDIRA Wealth?
27 January 2025 | 35 replies
Here is my simple Top 5:1.Review the market – Understand the trends and conditions in the area.2.Analyze the property and the numbers – Ensure the deal makes financial sense.3.Visit the property – There’s no substitute for seeing it firsthand.4.Meet the team – Whether it’s your property manager, builder, or contractor, relationships matter.5.Complete inspections and appraisals – These protect you from costly surprises.If all these boxes are checked and the numbers work for your goals, then it’s likely a solid deal.
Jerryian Francois
2024 Wrap Up
27 December 2024 | 2 replies
I AM NOW USING MY 9-5 TO PAY OFF THE PRIVATE LENDER EVERY MONTH WE ARE SET BACK FINANCIALLY BUT THE future IS BRIGHT !
Sara Donohue
Need Advice: Creative Financing for $100K Land Purchase
24 December 2024 | 3 replies
If you believe you will be financially ready to build a year from now, perhaps you enter into a lengthier contract where you can obtain all of your building approvals and then settle at a later date.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
From my experience, when I dive into the costs associated with building an ADU—including construction expenses and financing options like hard money loans—it often doesn’t make financial sense.
Leeling Chew
Zillow Fake Listing
24 December 2024 | 2 replies
While I haven't personally experienced any negative impacts from this fraudulent listing, I'm concerned that it could mislead potential renters and cause them financial distress.
Matt Charney
Hello BiggerPockets! New PRO here
26 December 2024 | 4 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.