Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
Was there some book you read, some class or YT info you drew upon?
Vincent DeLucia
Any thoughts on Detroit, Mi and the surrounding Cities
31 October 2024 | 6 replies
@Vincent DeLucia check out our website where we have the entire Metro Detroit area listed by Property Class and the 183 Detroit Neighborhoods.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
Lori Brock
WREIN, Kelton Todd, Tresa Todd-Lugten
29 October 2024 | 131 replies
We live in a very different environment now.
Stephanie Lopez
Advice for a Newbie
2 November 2024 | 28 replies
Meetups are the best for meeting people of all trades in Real Estate and it’s a safe environment.
Edward Segaar
Hello BiggerPockets! New PRO here
30 October 2024 | 12 replies
I moved to Florida a year ago and I love the wether and the business environment.
Nolan Fernandez
Buying house with Section 8 voucher
3 November 2024 | 24 replies
no I have not purchased the home yet -but I’m educated and working with a realtor who understands the process.1st- you have to be a recipient of a section 8 housing choice voucher /in the program and in good standing2nd you need to be in the rental unit and in the program for a year minimum3rd you must to be in a “participating housing authority” or PHA because not all Housing Authority’s participate in this rent voucher -to -home mortgage voucher program4th it may ( or may not) require recipient enrolling in an additional sub program called families for Self Sufficiency ( FSS) which has a class that teaches voucher holders how to use the voucher for a mortgage payment5th I’m working with a realtor who understands the process - has used it for dozens if not hundreds of clients. it’s going to be VERY hard for anyone unfamiliar with government processes to get through it successfully. note I’m also utilizing first time savings plans IDA‘s and local first time homebuyer grants and a USDA 502 direct low income Rural loan. and my own funds.All aid mentioned can be “stacked” to lower mortgage & create long term affordability.
Kevin Rodriguez
The Value of Real Estate during High Inflation
31 October 2024 | 3 replies
However, in inflationary environments, real estate can be a safer investment than other asset types because home prices often stabilize or increase over time as more buyers look to real estate as a hedge.
Kerron Hendrickson
New to the Investment world
30 October 2024 | 16 replies
Here's some copy & paste advice we hope you find useful:----------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Anne Christensen
Our Why and the Best Strategy to Acheive Our Retirement Goals
29 October 2024 | 11 replies
We are considering long term holds using the BRRRR method focusing on marekts that will be likely to appreciate to reach this goal but have also heard a flip in today's environment may be a better place to start.
Priscilla Chin
Should I buy in NYC or Florida?
30 October 2024 | 21 replies
I bought Class C in Indy - I won't be doing that again.