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29 May 2024 | 9 replies
Other properties are showing high costs, but I'm not really sure how to get good comps with this situation
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29 May 2024 | 3 replies
My intention is not to boast but to inspire and share the significant impact that BiggerPockets, especially Joshua Dorkin and Brandon Turner, have had on my life.I first encountered BiggerPockets at 23 while enduring long 14+ hour days as a pipe fitter on hydroelectric dams in northern Manitoba, working 21 days on and 5 days off shift schedules.Although I was earning well for my age and educational background (I barely graduated high school), the job was unfulfilling and almost toxic, mainly because of the dynamics with the associates in the industry.
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29 May 2024 | 12 replies
I believe they start in the high 9's currently. you wont get to your $20k out of pocket target on this scenario specifically, but the point is, there are some lenders which will work with out of the box deal structure (for a premium).
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29 May 2024 | 6 replies
The one where you break even you might actually spend more money if it is in rough shape, high vacancy, etc.For example let's say property A is new construction in a stellar area.
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29 May 2024 | 0 replies
The outcome of the deal with Archie Ragland was highly successful.
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29 May 2024 | 8 replies
I'm a little concerned with the current high interest rates and property taxes (Texas).
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28 May 2024 | 8 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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29 May 2024 | 6 replies
Being in the SF Bay Area, rents are pretty high, so payment systems with limits of $5k or more won't work.
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29 May 2024 | 0 replies
The outcome of the Bristol St deal in Scottsboro, AL, was highly successful.
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29 May 2024 | 13 replies
@Timothy YangAt this stage of your life, I highly recommend reading, attending networking events, and speak to investors who have SUCCESSFULLY invested in whatever type of investing you have most interest in.