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18 July 2024 | 5 replies
Hi BB Forum,You may have read our first forum post a while ago about getting started and more entrenched in the industry on a full time basis in the following capacities: - Wholesale (Stage 1)- Fix/Flip (Stage 2)- BRRRR (Stage 2)- Buy/Hold (Stage 3)We are out of country investors looking at the best market to have longevity in and it's coming down to Pheonix, Houston or Dallas.
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22 July 2024 | 2 replies
If there is a PG, then I recommend looking to start selling some off ASAP as the longer they are in default the accrued and default interest clock keeps ticking.
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22 July 2024 | 5 replies
I just don’t know where to start really and I don’t know if they have my best interests in mind. can anyone explain this better for me?
18 July 2024 | 10 replies
But I want to know how to get started in real estate.
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22 July 2024 | 4 replies
If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.
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22 July 2024 | 2 replies
Also start looking for deals to see if selling would beat what you are earning now, if it does not then hold till something good pops up.
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22 July 2024 | 10 replies
Some offers might get ignored or outright refused, but all it takes is one offer to get accepted or countered to start negotiations.
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18 July 2024 | 4 replies
As long as your friend has no business or family relationship with you, you have possibly started a correct 1031 exchange.
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23 July 2024 | 16 replies
When I started my preference was to work with realtors.
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22 July 2024 | 6 replies
When you break down the numbers by individual properties using the first purchased property as a templated for the additional properties purchased however, you will notice that the numbers being used in the example are not scaling correctly.It took me some time to figure out why the numbers were not scaling and adding up correctly but I finally believe I at least partially figured out why the numbers didn’t add up.By the end of year 3 the 3 properties are owned for the following lengths of time and reflect the correct numbers associated with that length of ownership (loan balance, equity, property value, etc).Property A - owned 3 yearsProperty B - owned 1 yearProperty C - owned 0 years, it will be purchased at the start of year 4But by the end of year 4 the properties should reflect the following years of ownership with their respective numbers associated with the years of ownership (loan balance, equity, property value, etc).Property A - owned 4 yearsProperty B - owned 2 yearsProperty C - owned 1 yearHowever the summary total numbers that were provided in the book for all 3 properties at the end of year 4 did not add up correctly.