Ok, I have 2 applicants right now for one of my properties. Neither is ideal but I haven't straight up decided to deny either one yet. Rent is $650/mo. Here they are:1. 40-something year old mom and 18 year old son...
Hi there. My name is Dr. Jamie Foster from Marietta, GA. I recently joined bigger pockets in hopes to gain some much needed wisdom in the real of Real Estate Investing. This will be mine and my wife's legacy we plan t...
Hey BP! Have a feeling I know what you all will say about this but thought I'd ask anyway. I've got an STR property under contract in the Shenandoah National Park area. Pencils out well return-wise, but the catch is i...
Hello to all BP members,
I can see that flipping investors don't just flip in one area, there are several targeted areas. What should I look for and what should I consider the most when picking the areas to flip, an...
There are a few ways that a language model like GPT (Generative Pre-trained Transformer) could potentially benefit a real estate business:1. Content creation: GPT could be used to generate descriptions of properties f...
I'm looking for feedback and pros/cons of taking RE License classes online vs. in a classroom. I think I might personally like the classroom route better so I can interact with the others, discuss and ask questions. ...
Hi all,
What's considered a good rate of return for flipping properties (in your opinion)?
Please enlighten us noobs.
I just paid of my house this morning and that's the last thing I owe to anyone.I'm 41 now and own my house free and clear. I've been in REI now for a little over 2 years (wholesale & rehab/fix&flip). I still h...
This is a long post, but I figured I would post my situation and a decision I am trying to make along with a spreadsheet I made to track financial independence. See link below. You should be able to copy and paste int...
Does anyone else see the same major flaw of the mystical BRRR strategy?
At the end of the day, arguably the most important element or phase of the BRRR process is the refinance to get your exit money. And the appraisa...