CPA · Raleigh, NC · Member since 2013 · 1k+ posts · 2k+ votes
11y
@Mindy Jensen hopefully being a writer for the BP blog doesn't disqualify me from answering :)
I'd like to see authors (or guest authors) write a series of posts about the actions they took and the mindset they had to acquire to build a business in/around real estate or real estate services/products. I'd be more intrigued to hear from the "non-traditional" real estate business owners. I want to hear from the guys who have figured out a niche and are grossing several hundred thousand (if not millions) a year.
For instance, I run a small CPA firm and >95% of my clients are real estate investors (much of which I owe to BP!). Sometime next year I'm planning on writing a series of posts detailing the steps I went through to launch the business, the hurdles I faced, and the small wins that led to the big wins. I'd LOVE to see articles similar to this for further motivation and idea generation.
I suppose I'm tired of seeing the same articles that provide general advice about saving, building a portfolio, the 5 steps to quit your job, the 6 steps to become a real estate investor, the 7 steps to wholesale your first deal, how to raise private money, etc. etc. While those topics are imperative for brand new people, many of us have already consumed that information and are craving more details.
I'd like to see more articles that discuss real experiences, provide actionable advice, and create rock solid content that I can utilize and reference when needed. A great example of what I'm talking about is the series Brian Burke wrote on the multi-family myths. He used real experiences, included great detail, and ultimately developed a series of articles that will forever provide useful content to readers.
Software developer · Mustang, OK · Member since 2015 · 16 posts · 4 votes
11y
I'm new, so I'm looking for everything I can on How to Raise Capital, Beginner Mistakes to Avoid, How to find a good Accountant/Lawyer/Contractor/PM Company/Etc
Also, how to properly look at a property and recognize it's a profitable deal. They always say check your numbers and do your homework. Still trying to make sure I've done it all and haven't missed an indicator before I pull the trigger for the first time.
CPA · Raleigh, NC · Member since 2013 · 1k+ posts · 2k+ votes
11y
@Mindy Jensen hopefully being a writer for the BP blog doesn't disqualify me from answering :)
I'd like to see authors (or guest authors) write a series of posts about the actions they took and the mindset they had to acquire to build a business in/around real estate or real estate services/products. I'd be more intrigued to hear from the "non-traditional" real estate business owners. I want to hear from the guys who have figured out a niche and are grossing several hundred thousand (if not millions) a year.
For instance, I run a small CPA firm and >95% of my clients are real estate investors (much of which I owe to BP!). Sometime next year I'm planning on writing a series of posts detailing the steps I went through to launch the business, the hurdles I faced, and the small wins that led to the big wins. I'd LOVE to see articles similar to this for further motivation and idea generation.
I suppose I'm tired of seeing the same articles that provide general advice about saving, building a portfolio, the 5 steps to quit your job, the 6 steps to become a real estate investor, the 7 steps to wholesale your first deal, how to raise private money, etc. etc. While those topics are imperative for brand new people, many of us have already consumed that information and are craving more details.
I'd like to see more articles that discuss real experiences, provide actionable advice, and create rock solid content that I can utilize and reference when needed. A great example of what I'm talking about is the series Brian Burke wrote on the multi-family myths. He used real experiences, included great detail, and ultimately developed a series of articles that will forever provide useful content to readers.
Real Estate Agent · Nashville, TN · Member since 2015 · 2k+ posts · 2k+ votes
11y
I would love details on actual deals. I know Brandon has posted these before and they are so helpful, and not to mention; inspiring!
Deal analysis from the very start...
Research, to negotiation, to acquisition, type of financing and how the financing was acquired, type of repairs/renovations needed. Strategy and reason for purchase.
Residential Real Estate Agent · Philadelphia, PA · Member since 2013 · 82 posts · 33 votes
11y
I agree. I want to see real numbers and step by step from start to finish. I think that the more we (especially beginners) see real numbers and a breakdown of where those numbers came from, the better we will become at analyzing deals.
Investor · Thermopolis, WY · Member since 2012 · 4k+ posts · 4k+ votes
11y
One thing I am interested in is being able to get an email or update when someone you follow writes a blog. I would love to be able to read every @Brian Burke blog as they come out and not have to hunt them up.
Real Estate Agent · Pompano Beach, FL · Member since 2015 · 249 posts · 73 votes
11y
I think the biggest issue readers by far want to learn about is raising capital to purchase homes. Every website and infomercial tries to sell potential newbies on that.
Investor · Fort Collins, CO · Member since 2015 · 304 posts · 112 votes
11y
@Mindy Jensen, I am fascinated with learning more about Business Development and Unique Marketing strategies. Of course, I don't expect anyone to disclose their trade secrets.
I, too, am interested in being able to follow a writer. Thanks
Attorney · Shawnee, OK · Member since 2013 · 350 posts · 230 votes
11y
Detailed accounting, legal and experience posts. I learned a lot about claiming full time investor status from a post last week. It quoted an actual IRS case recently decided. Loved it. More of that please.
Rental Property Investor · Portland, OR · Member since 2015 · 96 posts · 23 votes
11y
I would love to see less of the "general" content with titles that include 5 steps, 10 tips, etc. and more detailed information about forming LLC's, creating partnerships, financing detailers, as well as detailed deal breakdowns.
I would love to see less of the "general" content with titles that include 5 steps, 10 tips, etc. and more detailed information about forming LLC's, creating partnerships, financing detailers, as well as detailed deal breakdowns.
Rental Property Investor · Indianapolis, IN · Member since 2014 · 554 posts · 153 votes
11y
I would like to see more content on people who experienced adversity and figured out a way to overcome it. As of now I do not the read content because of that reason.
Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
11y
I'd like to see more in depth information in the blogs, rather than just superficial fluff to get people to go to someone's page and purchase a book, look at their website,or just to get someone's name out there, etc.
I know when someone asks a question in a post, I try to give them as much detail as possible, and have had so many people contact me saying they appreciate it. I know there's a lot of other people with serious experience that do the same.
It would also be fun to have some blogs from people in niches that are out of the mainstream, tell us why they chose that, etc. I once did a post asking about that, and got some great posts! There's people that invest in mobile homes, houseboats, boat slips, parking lots, and a host of other things! It's so fun!
I too don't like the 10 things you should do, know, etc.
From what I have been reading from most beginners they have the most trouble analyzing
A deal and are underestimating repair expense, insurance, vacancies, maintenance. Most of us do not have access to a rental calculator or the one featured on BiggerPockets. We use our own spreadsheets it would be helpful to have a basic sheet to work from.
@Mindy Jensen hopefully being a writer for the BP blog doesn't disqualify me from answering :)
I'd like to see authors (or guest authors) write a series of posts about the actions they took and the mindset they had to acquire to build a business in/around real estate or real estate services/products. I'd be more intrigued to hear from the "non-traditional" real estate business owners. I want to hear from the guys who have figured out a niche and are grossing several hundred thousand (if not millions) a year.
........
I suppose I'm tired of seeing the same articles that provide general advice about saving, building a portfolio, the 5 steps to quit your job, the 6 steps to become a real estate investor, the 7 steps to wholesale your first deal, how to raise private money, etc. etc. While those topics are imperative for brand new people, many of us have already consumed that information and are craving more details.
I'd like to see more articles that discuss real experiences, provide actionable advice, and create rock solid content that I can utilize and reference when needed. A great example of what I'm talking about is the series Brian Burke wrote on the multi-family myths. He used real experiences, included great detail, and ultimately developed a series of articles that will forever provide useful content to readers.
Investor, Entrepreneur, Educator · Springfield, MO · Member since 2009 · 21k+ posts · 12k+ votes
11y
Maybe less guru wanna be stuff.
Interesting feed back.
I'd like to see some professional feedback or updates on changes, from attorneys and CPAs.
I just came across some FTC changes concerning disclosures for bloggers too. It's certainly going to effect how gurus operate, you have to disclose if some system or method is atypical or what expected results are. Anyone having any financial interest in a company that plugs the company or product needs to disclose with an "ad tag" in social media. Includes employees and affiliates as well.
There is much more outside the RE world that anyone in any business needs to be aware of. Most newbies here on BP seem to be venturing off into their first "business" and don't have a clue about general business matters.
I think there are some lofty expectations for blogs on BP. Problem with getting into details is that it's usually not said in 100-200 words. Asking for complex topics in a step by step manner isn't something that is easily done that is reproducible, just too many variables. Perhaps a series of blogs might cover more complex matters. :)
Find a property, appraise it, run your pro-forma statement, select the right financing, contract a good price, close, put it on your books, rent it, count your money!