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5 July 2024 | 12 replies
Or is it more due to the stereotypes around people on Section 8/the other tenants are paying a considerably lower amount every month?
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4 July 2024 | 3 replies
(with conservative assumptions on annual appreciation - 2%, and annual rent increase - 1%, as well as 5% vacancy/maintenance).I see so many people say they only go for properties with at least 15% cash on cash returns, which seems extremely difficult in this market
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4 July 2024 | 3 replies
Welcome to BiggerPockets communityIt is filled with resources and a plethora of knowledgeI wish you all the best in your real estate journey.Nextdoor.com is a good place for local people recommending local people.
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4 July 2024 | 5 replies
Welcome to BiggerPockets communityIt is filled with resources and a plethora of knowledgeI wish you all the best in your real estate journey.Nextdoor.com is a good place for local people recommending local people.
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4 July 2024 | 14 replies
One of the other features of the Land Trust that many people overlook is that it is the entity that conducts the "business" of the investment.
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5 July 2024 | 5 replies
@Ali Harris, this is probably my favorite part of real estate investing: seeing the potential in a property that isn't readily apparent to most other people, and then executing a plan to bring your vision to life - so cool to hear you're exploring this!
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4 July 2024 | 8 replies
when partnering with people on a Joint Venture deal make sure to thoroughly layout all aspects of the companies operations and ensure that a clear understanding is made as to who will oversee what. taking the time to find the right partners can go a long way when the going gets tough or feelings get hurt. initially the deal involved partnering with a hands off venture capitol group but luckily an owner of a nearby carwash offered to go in on the deal instead and provided his industry expertiseDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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4 July 2024 | 3 replies
@Tina LeeThe lengths that people go to avoid the $800 fee still surprises me.
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4 July 2024 | 5 replies
Most people don't get to say they had a SUCCESSFUL FIRST FLIP!
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4 July 2024 | 1 reply
Most people who househack use that as an opportunity to gain experience into managing a property for themselves.