Is “saving” $10-$20 (for a $100-$200 utility bill) worth the time consuming phone call, or could you invest that time into higher dollar productive activities that generate more than $10-$20 (analyzing deals, networking, negotiating, mailers, etc.)?

Sioux Falls is so overbuilt with new apartments that you will be dealing with lower end tenants forever.

For example, in many markets that were overbuilt in the last two decades, municipalities have imposed moratoriums on new development or the current facilities consumers are using are poorly run and not user-friendly. 

Ultimately, what this does is increase prices for consumers & pull the activity off of legal channels where they can be taxed & monitored.

Aside from paying off consumer debt/loans, etc and making sure I have a healthy emergency fund, I'm going to diversify across several different projects.

The great operators put money aside to constantly update their spaces to keep consumers coming in and sales and profit up.

As long as you run your operation as a mom and pop real estate operation, you’ll pay high interest and forever be scrambling to raise capital.If you formalize your operation and begin operating as a structured business entity, you may be able to enter an arena where you can obtain credit facilities, have capital available for your acquisitions, and have a chance to grow geometrically.This has a downside of course.

I consumed countless episodes and book recommendations and started to learn about this hitherto unknown world of Real Estate Investing.

Hi everyone,My name is Miguel and have been consuming Bigger Pockets content for the better part of 2 years.

Good day;I’m a Army Veteran; (qualified VA Home loan consumer) looking to meet up with active, knowledgeable agents within the Pittsburgh PA Area.