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6 January 2020 | 16 replies
My favorite part is all the people I get to talk to and interact with, so much different from my head-down professional life.After a few months of scouting a dozen cities to potentially invest in, I picked Milwaukee, not because it was the best place to invest but because it was the first place I got a realtor to engage seriously and start sending me decent leads that matched what I described in my intro.I like to send out 1-2 offers per week even if I don't think they will be accepted, as long as the price would make it a great deal.
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30 December 2019 | 1 reply
I personally would have to see a lot of "social proof" for something this before I'd devote any money to it as a subscriber, but I think through some on-point marketing and a strong UX/UI (think Lemonade Insurance's user interface) it would be a great business stream with lots of front-end and back-end revenue potential.I think BP would be a killer spot to promo something like this, as something with a engaging UI and that has your coaching mind poured into it would be a great tool for any beginner or "stuck" investor looking to take steps.
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2 January 2020 | 20 replies
@Tab Teehee If the purpose is to find out about equity and credit lines, then it's best to engage an appraiser to come and give you a value for the asset, which can then use as leverage when speaking to banks or mortgage brokers.
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6 January 2020 | 15 replies
I agree in that holding a RE license will not on it's own make you a better or smarter investor, but what it WILL do (if applied properly) will give you inside access to MLS, access and relationships with fellow agents in the brokerage you select, ability to save money/make money on your own investment purchases and resales, etc.Welcome to BP Nation and if you are reading and willing to become a real estate investor, then I suggest you stay very active here, engage the community (as you have just begun to do), pick your favorite strategy that fits you, and learn all you can about said strategy and your market you intend to invest in.
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3 January 2020 | 15 replies
Thank you for everyone who engages in the forums and answers questions for those who are in need of help and advice.
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23 September 2020 | 35 replies
I am working along side a mentor based out of Cincinnati and we have an interest in the Carolinas as it is another great market to be a part of especially with the continued growth.
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2 January 2020 | 6 replies
A good agent will engage the listing agent getting all this info to help make your offer stand out over others.
4 January 2020 | 14 replies
Do not engage with the downstairs tenants about this further.
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3 January 2020 | 7 replies
This is because they aren't engaging an architect (or engineer) whom is familiar with what is allowed and what is not.
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10 January 2020 | 9 replies
For example, if you are a real estate developerand you provide financing to an individual to buy a homein your subdivision, and that home is security for thefinancing, you are subject to this reporting requirement.However, if you are a physician not engaged in any otherbusiness and you lend money to an individual to buy yourhome, you are not subject to this reporting requirementbecause you did not receive the interest in the course ofyour trade or business as a physician.]