
8 July 2024 | 8 replies
.- Educate yourselves: Learn about local market trends, zoning laws, and permitting processes.- Set realistic timelines: Account for your full-time jobs when planning project schedules.- Budget carefully: Include a contingency fund for unexpected issues.- Focus on high-ROI improvements: Prioritize renovations that add the most value.- Document everything: Keep detailed records of expenses, work completed, and agreements.- Consider liability protection: Look into forming an LLC or other business entity.Starting with cash is a smart move to minimize risk and learn the process.

7 July 2024 | 5 replies
And you've joined one of the best communities for all things real estate investing.1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...Also, read Rich Dad, Poor Dad by Robert Kiyosaki and Think and Grow Rich by Napoleon Hill 3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars. 4️⃣ Ask questions here on the forums.5️⃣ Visit (join) a local (and legit) real estate investment association.6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcampsI wish you all the best in your investing journey!

7 July 2024 | 13 replies
It's important to stay current and ask around about which company is responding fastest, as sometimes they are overwhelmed, not having enough local vendors, and service is slower.

7 July 2024 | 35 replies
Client had to source a local appraiser for COGO, due to scarcity of appraisers belonging to "Appraisal Nation."

5 July 2024 | 73 replies
I'm still actively investing but I help others get started there as well.The city has been insanely good to me and my family, but yes... you do need to do a lot of due diligence and/or work with someone that REALLY understands the intricacies of the market.

4 July 2024 | 24 replies
@Rena Nuneza Are you still investing in the local area?

5 July 2024 | 4 replies
(Multifamily)Outside of real estate, I enjoy outdoor activities like hiking, kayaking and skiing.

9 July 2024 | 22 replies
Some do require a year, however there are local lenders that provide dscr products without the seasoning; you just have to check around.

5 July 2024 | 1 reply
Can anyone recommend some groups that might be active in these areas??

7 July 2024 | 14 replies
The key evaluation data points for STR investors are accurate records of rental income and occupancy and/or projections from local mangers and online tools.