Arnab Sinha
Should I invest in Mobile, AL
27 September 2024 | 6 replies
With only 2,200 residing on campus, this creates a large, permanent class of renters in the area.4.
Jamie Grossman
Hello BiggerPockets! New PRO here
25 September 2024 | 9 replies
I'm interested in real estate in the Chicagoland area.
Andrew Thomas
Starting out! Would love some advice!
27 September 2024 | 17 replies
So back to the point, as a realtor, you want to be a "Seller's Agent", your question is how do you do this?
Emmanuel Barrientos
2nd FHA Loan | House Hacking
7 October 2024 | 10 replies
Would this raise any flags?
Antonio Harmon
How to Develop the Best Strategy for Real Estate Investing?
23 September 2024 | 6 replies
Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.
Chinku Prasad
HVAC leak on 4th floor caused damage to our ceiling 2nd time
7 October 2024 | 3 replies
Hi All,I am new to this forum and looking for some help with this issue that i have with my condo that is rented out.
Kristi Miller
Has anyone started a STR cleaning company (or PM company)?
8 October 2024 | 14 replies
Like I have said a bazillion times, this is a cool place!
Matt Boerlage
Texas Operating/Management Agreement for single member LLC
7 October 2024 | 7 replies
My long term rental will then be owned by this Single Member LLC.
Austin Snyder
Land Contract/Agreement for Deed instead of Novation for quick Flip
29 September 2024 | 8 replies
Hello I'm hoping to get some insight on if this deal structure makes sense.
Dana Yobst
NC LLCs & anonymity
8 October 2024 | 5 replies
The amount of digital ink that is spilled on this site about LLC's and how to set up complex structures by folks who can hardly be called investors is a bit maddening to me as it keeps folks from actually investing dues paralysis by analysis due to things that really do not mater a great deal.