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18 July 2014 | 4 replies
Here are a few recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/ If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select that person below.
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22 July 2014 | 18 replies
Of course, you need to read The Ultimate Beginners Guide to REI here on BPIf you haven’t already, please read/listen to these books ASAP!
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21 July 2014 | 7 replies
If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast.
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2 August 2014 | 14 replies
In addition, make sure you ask any questions related to REI here.If you like, you can check this quick guide to learn how to use BiggerPockets to grow your business: http://www.biggerpockets.com/bizSee you around!
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26 July 2014 | 8 replies
Read Brandon's "The Ultimate Guide to Tenant Screening" here on BP for a good start.
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10 February 2015 | 17 replies
And oh, learn how to use BiggerPockets to grow your business by checking this quick guide: http://www.biggerpockets.com/bizSee you around!
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7 August 2014 | 11 replies
And oh, learn how to use BiggerPockets to grow your business by checking this quick guide: http://www.biggerpockets.com/bizSee you around!
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30 July 2014 | 14 replies
If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast.
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31 July 2014 | 5 replies
Place rental ads around the neighborhood and onlineFind renters while continuing collegeScreen renters and have them fill out deposit agreements, and other contractsMake renters pay the first of every month and make them pay for electricity.After college rent all units outRefinance after moving outEach 5 years try to refinanceMove on to other propertiesAfter 30 years start the selling processPlans for turning a profit on first dealHave 10% worth of reserve fundsBuy using an FHA 203b Loan with 3.5 % downRent other units not occupied by meRefinance whenever possible for positive outcomes of loan termsRefinance for cash out for other deals.Move out of unit and rent that after 4+ years of collegeMove on to other deals while this continues to thriveWait 10+ years until home is free and clear and appreciation is high unless the local area turns below my requirements before 10 + years and then sellSellIn summary of profit plans, the main way for my gains is through appreciation and cash flow and taking out equity if possible.Team ComponentsYour Mentor - Every successful entrepreneur needs a good mentor - a guide.
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3 December 2014 | 14 replies
I see the benefits of working with someone that knows you market and im even willing to pay for that if i have to. but after reading the forms and guides on this website im not sure what to do. any help will be appreciated.