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What is BiggerPockets? Answer: BiggerPockets is a social network and learning platform dedicated to real estate investing. It is an online community of active real estate investors with over 1.5 million members. The website provides resources such as podcasts, webinars, and forums for individuals to network, learn new skills, and share knowledge.
Is BiggerPockets only for experienced real estate investors? Answer: No, BiggerPockets is for anyone interested in real estate investing, from beginners to experienced investors. The website aims to educate individuals on real estate investing, allowing them to make better-informed decisions about their investments.
Can I post a property on BiggerPockets for sale? Answer: Yes, BiggerPockets offers a property marketplace where members can buy and sell real estate properties. To post a property for sale, create a listing with photos, description, and price.
Can I connect with other investors on BiggerPockets, and how? Answer: Yes, BiggerPockets offers various ways to connect with other investors, including through forums, direct messaging, and attending local meetups. Members can also search and filter through the investor directory to find investors with similar interests or experience levels.
How do I begin investing in real estate with BiggerPockets? Answer: To begin investing in real estate with BiggerPockets, start by joining the community and learning from the education provided on the website. The education includes free courses and resources, as well as premium content for a fee. Networking with other investors can also provide valuable insights, as well as potential partners in future investments.
Does BiggerPockets offer any tools for managing rental properties? Answer: Yes, BiggerPockets offers a property management tool called Rentometer. Rentometer allows landlords to compare their rents to other rentals in the area to ensure they are charging the correct amount. It also provides tools to track tenant payments and expenses, making it easier to manage a rental property.
How do I find property leads on BiggerPockets? Answer: BiggerPockets offers a variety of options for finding property leads including the marketplace, keyword alerts, and the investor directory. Keyword alerts allow users to be notified when properties matching specific criteria become available on the website.
Does BiggerPockets provide legal or investment advice? Answer: No, BiggerPockets does not provide legal or investment advice. The platform serves as a community and educational resource for members to share knowledge and network with other investors. As with any investment, it is important to seek professional advice before making any decisions.
Does BiggerPockets offer a real estate education? Answer: Yes, BiggerPockets offers a variety of real estate education options. The free education includes articles, videos, and podcasts, while premium education includes books and courses. The courses cover topics like beginner's guides to real estate investing, flipping houses, and rental property management, among others.
Are there fees associated with using BiggerPockets? Answer: BiggerPockets offers both free and premium options for its services. The free option includes access to a variety of educational resources and the community, while the premium membership includes additional features and costs $39 per month.
Popular Questions
Where can I listen to BiggerPockets podcast? BiggerPockets Real Estate Podcast on Apple Podcasts. On the BiggerPockets Real Estate Podcast, co-hosts David Greene and Rob Abasolo interview real estate investors and entrepreneurs about successes, failures, and hard-earned lessons.
Who owns BiggerPockets? Scott Trench is the CEO and President of BiggerPockets.com. An active real estate investor and licensed agent in Denver, CO, Scott was a fan and member of the BiggerPockets community before joining BiggerPockets as an early employee and Director of Operations in 2014.
When did bigger pockets podcast start? Since 2012, when Brandon started co-hosting the podcast with BiggerPockets' founder Josh Dorkin, he has impacted and inspired millions of real estate investors. Starting in 2022, Brandon is stepping away from the podcast to spend more time with his family and focus on his business, Open Door Capital.
Is BiggerPockets PRO membership worth it? There is a lot of valuable information, and although you might be able to find a good portion of this valuable information in other places, having it centralized along with all the other tools available with the Pro membership makes it well worth it.
Do you have to pay for BiggerPockets? There is free content available on the site, for those wanting to test it out or for new investors who are looking to start learning. If you're more serious about investing, you can get paid account options which will give you access to different resources.
Can you make money with Roofstock? Roofstock Makes It Possible to Start Earning Money as a Rental-Home Investor. With their easy-to-navigate process, this platform makes investing in rental properties accessible to both novice and experienced investors.
What happened to the BiggerPockets app? We took down the app because it was no longer being supported. We are working to improve our website coding so that we can build a better app in the future. I don't have an exact timeline, but it is actively in discussion. for now, you can still access everything through Safari on your phone.
What is the website BiggerPockets? BiggerPockets brings together education, tools, and a community of more than 2+ million members—all in one place. Learn about investment strategies, analyze properties, connect with investor-friendly agents, and more.
How does BiggerPockets make money? Using a Community to Generate Revenue While BiggerPockets uses advertising as a form of monetization, Josh says they heavily filter the ad requests that come in to only provide value to their users. In fact, he says, they turn away more advertising offers than they accept.
Is Roofstock a good idea? Is It Safe And Secure? For an online home-buying platform, Roofstock is about as safe as it can get. It's website is encrypted and it provides loads of data about each property to help you make an informed decision. Plus, it even offers a 30-Day Money Back guarantee.
Which app is best for REITs? Best for Commercial Real Estate: CrowdStreet. ... Best for Farmland: AcreTrader. ... Best for Real Estate Notes: Groundfloor. ... Best for Public Nontraded REITs: RealtyMogul. ... Best for Non-Accredited Investors: CalTier. ... Best for Beginner Real Estate Investors: Fundrise. ... Best for Commercial Real Estate Investors: First National Realty.
How much cash flow should a rental make? The average cash flow on a rental property for most investors is an 8% return on investment, or ROI. Others will strive for an ROI of 15%. There really is no magic number or right amount to ear.
Whats a good cash on cash return? Q: What is a good cash-on-cash return? A: It depends on the investor, the local market, and your expectations of future value appreciation. Some real estate investors are happy with a safe and predictable CoC return of 7% – 10%, while others will only consider a property with a cash-on-cash return of at least 15%.
Is investing in Roofstock worth it? It is a great way to purchase properties that can give you a constant flow of money. There are already tenants — The house you buy on Roofstock will be making money when you buy it. The home is already being rented out the day you purchase, meaning your money will come in immediately.