2 July 2020 | 12 replies
I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.
4 June 2020 | 3 replies
@Brandon Ribeiro don’t put yourself in a situation where you could risk losing 2 properties.
5 June 2020 | 6 replies
If making the 20% down payment leaves you cash strapped, then there is risk that you could lose the home during a bad economic situation.
6 June 2020 | 7 replies
People aren’t looking right now and you’ll lose money.
4 June 2020 | 14 replies
Maybe it’s bad business on my part, but I’d rather lose a few weeks or a month and make sure all is well with the property.
4 June 2020 | 3 replies
That being said, there is a reason why people say that you make or lose your money at the start, on the purchase.
4 June 2020 | 6 replies
House hacking is the term used on this forum.These two examples are low risk first moves that will allow you to get your feet wet, you might not make millions of dollars on them, but you also aren’t trying to flip a house in 3 months super leveraged (meaning a lot of debt), where you could lose everything if your inexperience makes you underestimate a cost, miss a zoning law that affects your success, etc. the list goes on.
6 June 2020 | 12 replies
Looking back, I realized I was hoping to hit a hole-in-one on my first attempt to play golf (I hope I didn't lose you on the metaphor).
5 June 2020 | 12 replies
What I made per hour on that flip is not what's important, it was each of our first flip and we didn't lose his money.
4 June 2020 | 7 replies
I'd ask your CPA/atty, but if you used it to exempt income, you'd probably lose with the IRS and your state.