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4 February 2025 | 11 replies
Must have Articles of Organization, EIN Letter, Operating Agreement. 3.
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7 February 2025 | 8 replies
Your advice about gradually raising rents to minimize turnover is a great tip that I’ll be sure to follow.
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2 February 2025 | 7 replies
A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
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4 February 2025 | 13 replies
Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!
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31 January 2025 | 23 replies
There are a lot of articles, books, etc.
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4 February 2025 | 4 replies
If you have any favorite forums or valuable tips that you've found especially helpful, Id love to hear them!
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4 February 2025 | 9 replies
All it will accomplish is create a $800/yr tax bill from your lovely state.As to your question, read this thread:https://www.biggerpockets.com/forums/51/topics/1225072-do-i-...
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17 January 2025 | 4 replies
If you are considering buying using Subject To - Subto, it's important to know what your exit strategy is.Talk to a mortgage broker (not a bank) and ask if that is a property you will be able to get financing on in th...
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25 January 2025 | 26 replies
(More information on how to best use Social Media in the last tip)TRACK EVERYTHING IN A DATABASEMake it a habit to get contact information from every person you meet.
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20 January 2025 | 2 replies
A couple of years ago there was an excellent long article on BP about all the things to look for and ask when interviewing property managers.