Daniel Zapata
Newbie from Redwood City, CA
6 March 2024 | 11 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
Oli Cimet
House Hacking in the Bay Area - Advice for a Newbie
6 March 2024 | 16 replies
When deciding between investing out of state vs home hacking in Oakland, keep the following in mind.Oakland House Hacking:Proximity: Living in Oakland while house hacking enables you to maintain a close proximity to San Francisco, which might prove advantageous for property management and maintaining connections with the local market.Possibility of Appreciation: Property values in the Bay Area have increased historically, which is good for accumulating equity over time.Local market dynamics, tenant preferences, and potential obstacles might be simpler to comprehend when one is in a familiar location.Demand for Rentals: Oakland has a robust rental market, and you can discover good demand for rental units if you pick the appropriate property and location.Creating Local Connections: If you live in the Bay Area, house hacking can assist you in making local contacts with property managers, real estate agents, and other investors.Investing Out of State:Investing outside of your state may be more affordable and enable you to use the same funds to buy more than one property.A few out-of-state markets can have more favorable cash flow prospects in contrast to the pricey Bay Area market.Geographic diversity, which can help reduce risks related to market-specific variations, is made possible by investing in a variety of markets.Hiring a local property management business, which offers a more hands-off approach to property management, is often necessary for out-of-state investments.Remember, both options have their advantages and challenges.
Les Z.
looking to buy rental property in any state - 100k down, traditional financing
5 March 2024 | 28 replies
Dearborn was solid and clean.
Daniel Bernstein
Mortgage wrap deal
6 March 2024 | 4 replies
A real estate agent pitched a mirror wrap deal deal to me.
Julia Bailey
Rules concerning Real Estate Agent being part of LLC investing in rental property
4 March 2024 | 2 replies
I am setting up an LLC to buy rental property and one member of the LLC will be a new real estate agent.
Chris Laino
House Flipping Scope of Work
5 March 2024 | 11 replies
.- Kitchen faucet: A single hole bar and prep faucet (high U-shaped faucet with end that is also a sprayer).We pEXTERIOR:- Trashout / Clean-up yard- Landscape, seed lawn- ?
Jon Martin
Do guests even use dressers?
5 March 2024 | 27 replies
Sometimes they are older, but clean up just fine.Also, our guests seem to use them pretty regularly.
Colby Zeller
Should I fix up home, or let it go to auction ?
6 March 2024 | 6 replies
I agree with the wholesale option or hiring an agent to post on MLS.
William Ryans
Any suggestions for a Real Estate Investor Friendly CPA in Southern California
5 March 2024 | 5 replies
I am a Real Estate agent/investor with a small portfolio.
Dylan Tiernan
Real Estate Strategy-Where to go
4 March 2024 | 8 replies
Louis is how you will meet different lenders, investors, and agents to help make the project happen once you have the funds.If you grind it out now and build a solid foundation for the future, I'm sure you'll be successful moving forward.