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29 January 2025 | 14 replies
-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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17 February 2025 | 19 replies
Hi @Joshua Manier,**I'm not affiliated with any of the companies mentioned**Your strong financial profile and low LTV puts you in a great position!
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5 February 2025 | 16 replies
The world of real estate has changed.The result of the lawsuits is that a REALTOR® is now required to have an exclusive buyer's agreement before stepping into/onto any property on a potential buyer's behalf.
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17 February 2025 | 9 replies
for me it was income potential of earning commissions instead of salary.so at 18 I got my RE license.. and while it was a bit of a chore getting going as it is for most agents..
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1 February 2025 | 13 replies
.: Quote from @Robert Ellis: Quote from @Brandon Blackmon: Hello BP Community,I want to start flipping homes in my market, and potentially out of state, and I want to know how to budget for a General Contractor.
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23 February 2025 | 39 replies
But 99% of the time they are so unknowledgeable I can smell it from a mile.It's worse in the Multifamily world, they are getting bold (and rude) by taking a broker's package, stripping the logos and contact details and passing it along to potential buyer.
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9 February 2025 | 11 replies
Look at occupancy rates, average daily rates, and competition to understand the potential for success.Property Management: Consider how you'll manage the property remotely.
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11 February 2025 | 9 replies
I’ve had a few tenants and potential tenants complain about the difficulty to signup, and sign the lease.
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20 February 2025 | 18 replies
If times get financially difficult will people stop eating or will they stop going to the doctor (unless its an emergency)?
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14 February 2025 | 161 replies
And as you can read here on BP this is probably the number one recipe for financial failure.