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5 September 2024 | 7 replies
BiggerPockets meetups, local REI clubs, or even connecting with investors through social media can give you a firsthand look at what’s working in the market.Start with a Solid Deal: It’s easy to get excited and jump into the first deal that comes your way, but patience is key.
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8 September 2024 | 13 replies
Deal spreads won't knock your sox off but it's a "beginner's market".
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4 September 2024 | 8 replies
You need to market yourself on social media, you need to direct-mail (and have an effective strategy because everyone is direct mailing), driving for dollars, hunting on MLS, cold calling (skiptrace), going to the REI meetups and connecting, meeting with realtors, talking with wholesalers (and letting them know you're not a tire kicker), etc.
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10 September 2024 | 43 replies
Should be obvious to everyone by now, it's only regurgitated constantly on every major media medium of the "us vs them" messaging, poor vs rich, that if your not rich your poor and it's NEVER your fault it's "there" fault.
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4 September 2024 | 1 reply
Maybe someone here can point us to one and prove that print media isn't dead :)
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6 September 2024 | 19 replies
I simply shook my head.Unfortunately social media has made it easy for these bad actors to get in front of their target clientele and it's normally the clients who have no liquidity, poor credit and very low chances for success to begin with in this business and put these courses/mentorship on their credit cards who fall even further behind.
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6 September 2024 | 9 replies
It’s true that operating expenses can be deducted immediately, while capital expenditures are typically spread out over a longer period.
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4 September 2024 | 5 replies
They appeal to students looking for a more private and homely living situation.Multi-Family Properties: Duplexes, triplexes, and small apartment buildings can offer higher rental income and spread the risk across multiple tenants.
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4 September 2024 | 10 replies
If they are paying out 5% rates to their customers to relend out they usually need at least 150 spread to make any money.CMBS and LIfe Insurance can be lower on the interest rates but you can get yield maintenance or defeasance which is very expensive if you want to break the loan early.
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5 September 2024 | 2 replies
One of the units does have a minor infestation of brown wood cockroaches, but since they haven't spread to the other units, I'm hopeful they won't be too difficult to exterminate.