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27 January 2025 | 18 replies
There is no such thing as risk-free money."
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6 January 2025 | 2 replies
I think they contain solid information and will help lay a good foundation as a beginner (Haha, I'm completely new to real estate as well, btw)I'm also going to be reading the following books, and hopefully I can finish all by the end of this month:1) The ABCs of Property Management2) The Advanced Guide to Real Estate Investing3) Long-Distance Real Estate Investing How to Buy, Rehab, and Manage Out-of-State Rental Properties (this might be the most important one to me personally)4) The Book on Investing in Real Estate with No (and Low) Money DownIn addition to reading, I'm consuming crazy amounts of youtube videos, and I'recommend you do this as well.
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24 January 2025 | 36 replies
Mine was also out of state, in a town I’d never visited, and I relied heavily on videos from my agent.This sounds like a tough first deal, but it seems like you have some capital on the side, which will be useful as you face the upcoming challenges and learn from those expensive early mistakes.Regarding the subject of this post, “help me adjust my expectations,” I’d recommend assuming that; repairs will cost twice as much as you estimate, maintenance and vacancy rates will likely double from your initial projections, there’s a very real chance you may lose money on this deal.That said, there are ways to mitigate these risks by:- Keep asking questions here on BP and connecting with local experts- Stay proactive and communicative with your agent and property manager.And remember “Inspect what you expect.”Im not trying to discourage you but to help reset your expectations.
7 February 2025 | 5 replies
I was imagining responsible car-free tenants, as I was one myself for a long time.
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24 January 2025 | 6 replies
Feel free to reach out if you’d like to talk about real estate or exchange ideas!
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27 January 2025 | 25 replies
If you have any property management questions, feel free to reach out.
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28 January 2025 | 7 replies
Just like there is no such thing as a free lunch, there is no such thing as free real estate.
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10 February 2025 | 24 replies
There is a free web site you can list your section 8 rentals on.
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12 January 2025 | 3 replies
Essentially you've got 5 platforms (YouTube, TikTok, IG, FB, & X) all providing the same vertical short frame video content.
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29 January 2025 | 9 replies
Feel free to DM me too.