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29 July 2024 | 0 replies
Other users can browse these deals, view detailed investment metrics, and potentially connect with the deal posters.Pros:Simple and straightforward to build.Leverages the existing interest and user base from Dealsletter.Validates the idea with minimal investment.Cons:Limited engagement if users only post deals without further interaction.Might not fully address the needs of users looking for investment opportunities.Option 2: Investment Partnership PlatformConcept: A platform allowing both accredited and non-accredited investors to come together and invest in real estate deals.
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29 July 2024 | 0 replies
Hello, dear fellow investors,I am considering relocating from Northampton, MA to Denver, CO, and would like to get a feel for how the Fix+Flip market works there.
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30 July 2024 | 6 replies
Fools investmentThere's a fire- cannot rebuild and investor loses everything; owner ruins his credit; injured tenant sues everyone; everyone broke.Lender calls the loan- everyone losesPaying down a loan does not reduce a payment, this is not a HELOC so that part is not math.There is zero equity to loan on, no one will loan on this.What would buyer have to do to convince a poor elderly person to take this risk- scare them, threaten, lie?
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29 July 2024 | 8 replies
Far too many investors spend way too much time, money, and energy creating LLCs or other complexities that serve no purpose.An LLC is useful for two things: anonymity and legal protection.
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30 July 2024 | 5 replies
The overarching strategy to "think like an investor" is to put as little of your own money into each investment deal in order to maximize your cash on cash returns.
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29 July 2024 | 2 replies
I'm a newer investors and have 9 doors across memphis and detroit.
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30 July 2024 | 8 replies
You can also use the "Build Your Team" function above biggerpockets has to find a tax professional and financial advisors that specialize in working with real estate investors.
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25 July 2024 | 0 replies
Hello,How do you build the self-confidence to approach a property owner about buying their property?
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29 July 2024 | 5 replies
Hi Brandon,It's likely more effective to look for private lenders at those ranges as most investors buy cash or use private money at those ranges.
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29 July 2024 | 2 replies
Hello, I am a new investor, however I owe a construction company and have an idea of what my project will entail.