Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Gregory Schwartz Out of state, sight unseen investing
5 July 2018 | 110 replies
Its a mathmatics problem, not an emotional one. 
Jason Lawrence Have you used dohardmoney.com
5 September 2018 | 11 replies
Experienced real estate agents and investors in an area know of the things that can impact the usability of a comp that less experienced people will often miss - (e.g. if there is a "historic" district within a 1 mile radius which would make using a comp from that area less useful even though it is within a mile) Having someone who does not have a financial interest in whether or not a deal gets funded review the property is a way to help pull emotion out of a deal.Also, we don't send evaluators out to review a deal (thus having the borrower incur an evaluation fee) without reviewing the deal with them before.
Account Closed Thinking about starting a military investing podcast
20 July 2018 | 69 replies
Stick to the checklist and don't let emotions reign. 
Shiloh Lundahl RE Investing Part-Time VS Full-Time: Which is Better?
2 July 2018 | 23 replies
Gifts and affirmations are low on my love language list (Gary Chapman), plus I'm pretty emotionally flat so LLing is perfect for me. 
Anthony Burroff New to real estate, seasoned business owner - Eugene OR
2 July 2018 | 2 replies
I understand the emotional strains of running a business.
Kirsten Braddock Looking for advice on our first house flip
3 July 2018 | 20 replies
Make offers until somebody says yes and don't buy on emotion.
Courtney M. Trying to decide what to do with a Vegas Property
3 July 2018 | 13 replies
It was a difficult decision as my family is emotionally attached to this home but based on the financial gains of investing the tax free appreciation it makes sense for us. 
Jacey C. Super REI newbie from Houston, Texas
4 July 2018 | 6 replies
I was the kid in high school getting offers from private colleges over how high my test scores were, and I ended up ruining so much with drugs, toxic emotions and bad decisions. 
Frankie Torres What to do about the dogs?
19 July 2018 | 14 replies
Just be very clear on pets you will/will not allow, make sure you understand the support/medical/emotional pets laws in your state as well.Ultimately, if you're screening your tenants correctly, you'll be choosing tenants who are responsible pet owners anyways....Hope this helps!
Jorge Vazquez 7 Tips You Need to Know Before Investing in Real Estate
8 July 2018 | 0 replies
.#5 Make Decisions Based on the NumbersYour real estate investing strategy should include the financial parameters by which you determine if a property is worth purchasing.Your strategy may include details about: Purchase price range.Investment cash needed for repairs and upgrades before leasing to tenants.Financing strategy for the short and long terms.Bargain purchase (the percent under fair market value a property must be purchased).Immediate value increase (the percent in increased value you expect after making initial repairs and upgrades).Geographic area.Net income.Cash flow.Net cap rate (annual net income/total value).When you find a potential investment property that fits within the guidelines of your real estate investment strategy, you can pull the trigger based on the numbers rather than emotions and personal preferences.#6 Don’t Buy from Unmotivated SellersMotivated sellers are usually willing to work with buyers, so focusing on finding motivated sellers can result in making great deals as a real estate investor.