I'm interested in hearing from people who own property management companies. What are the common misconceptions and/or fears people have around hiring you? What do you re-educate them about?
Hello Fellow BP'ers,So I am going to put out there a piece of information that I have been told over and over again by so many people, and just took their "information" for truth since I kept hearing it. Naturally I a...
What misconceptions did you have about BiggerPockets when you first joined?
Here are the most common fears and misconceptions I hear when people talk about house hacking.
Myth: It takes a lot of money to buy a house.
One of the biggest myths about buying a home is that it requires a lot of...
#1 You don't need any cash!!! XXXXX Not true. To market effectively you will need some funds up front. even if its $300. Bandit signs will do the trick to get the calls coming in. They are not per-qualified leads th...
In the last 2 weeks I have spoken with three banks and they all tell me that 2-4 unit multifamily properties are commercial real estate. Every REI book I read say 5 unit multifamily and up is commercial. Why is there ...
Almost everyone within the commercial real estate investing realm shares a common misconception involving 1031 exchanges. Care to take a guess at what it might be?"1031s cause you to overpay for your properties" or "I...
The Biggest Misconception: Lack Of Liquidity In Syndication
Many passive investors have the misconception that when investing in a syndication, their money will be tied up during the entire hold period. A hold peri...
I couldn't help but post after reading a Section 8 post to your sight. I can't stress to potential landlords interested in Section 8, to please not judge the book by it's cover. I have twenty, not an exaggeration, I h...
You need to have all of the money for a down payment personally. Let me be the first to say: That's the farthest thing from the truth.
In the private equity real estate industry, raising money from investors for...