BiggerPockets Review: Real Estate Investors

BiggerPockets is an online community centered around real estate investing. For enterprising individuals who want to “create lasting wealth through real estate,” BiggerPockets is a social network, marketplace, and educational hub for its more than 1.6 million members.

BiggerPockets Review: Pros and Cons

Pros:

  • Lots of Free Resources
  • Powerful Software Tools
  • Networking Opportunities
  • Educational Materials

Cons:

  • Pro Membership Can Be an Investment
  • The Forum Is Open to Everyone
  • You Get One Perspective

BiggerPockets is dedicated to helping investors at any stage of investing experience—whether they’re seasoned owners of commercial real estate, or just aspiring investors who want to learn how to flip houses and supplement their income. This online community of like-minded individuals has been endorsed by Forbes, Inc, FoxNews, Money, The Street, and CNBC—who hail BiggerPockets as a thorough resource for anyone looking for success in real estate.

Get started with BiggerPockets today

New investors will find a plethora of free materials on BiggerPockets. The blog has articles outlining real estate concepts in broad terms, written by real estate experts. Their forums are a great place to ask questions about anything in real estate and have them answered by more experienced members. The weekly podcast showcases success stories from real estate investors, which give listeners a little glimpse into how they did it. Webinars will help you get into a little more detail and nuance. BiggerPockets also offers free Ultimate Beginner’s Guides that can help you understand some of the detail of real estate deals, such as How to Buy a Duplex: The Ultimate Step by Step Guide and The Ultimate Beginner’s Guide to Home Loans.

Current investors with more experience in real estate can become a Pro Member and get access to even more thorough and pinpointed resources. This includes property management software and tenant screening services. There are also real estate investment calculators that can size up the profitability of a deal. Pro Members can also use the BiggerPockets marketplace to search for and post real estate listings.

Vendors—such as lenders, agents, and investment companies—can become Premium Members. You can showcase your business with a company profile and strategically place ads in trafficked areas like the marketplace and forum, leading to more visitors, more lead generation, and more conversions.

BiggerPockets Review: Pros and Cons

PRO: Lots of Free Resources

The amount of free resources offered by BiggerPockets is simply staggering, and many investors get started with the BiggerPockets Podcast. The single best thing about the podcast is that it can be listened to while you commute to work, cook dinner, fold laundry—essentially anywhere—opening your mind to the idea of financial freedom through the weekly interviews with successful investors.

Aspiring investors who take a look at the site will find lots of free resources on the blog, in the webinars, and in the downloadable guides. The beginner’s guides, in particular, are especially useful in light of the fact that there is an oversupply of information on the internet. These curated guides, written and compiled by real estate experts, can give you a more detailed roadmap of real estate enterprises such as home loans, finding a niche, finding deals, how to screen tenants, and how to become a millionaire.

For some investors, the greatest free resource on BiggerPockets is the forum, where specific questions can be answered by experts in the numerous discussion threads—everything from advanced tax strategies to the pros and cons of Airbnb. Even if your question does not get answered by an expert, individuals who have gone through a similar experience can put in their two cents and provide some perspective on the issue.

PRO: Powerful Software Tools

For investors who want to pay a fairly reasonable $39 monthly (or $390 annually, which essentially is two months free), BiggerPockets takes on the additional role of a resource-rich portfolio management platform. This option is great for investors who have already taken a dive into the world of real estate and now want to grow their investments.

One perk for annual members is the suite of Landlord Forms, which are lawyer-approved in every state and Washington D.C. The lease agreement package will save you thousands of dollars in legal fees by providing pre-written contracts that include a comprehensive residential lease agreement with addendums, extensions, and ancillary forms for move-ins and outs.

BiggerPockets also offers Pro Members 8 different real estate calculators for analyzing the profitability of a deal, whether you want to fix and flip, rent, rehab, engage in wholesaling, or rent out a property as an Airbnb. These calculators can help you determine if a project is worth it before investing time and energy, helping you rely on numbers instead of blind intuition.

Vendors and more serious investors who pay $99 monthly (with a 12-month commitment) obtain a Premium Membership, which also provides them with analytic tools to understand and fine-tune profile engagement, along with software that helps generate warm leads.

PRO: Networking Opportunities

Involvement with BiggerPockets at any level will provide you with the opportunity to connect with like-minded individuals, in particular through forum discussions. But you can also connect with real estate agents, mortgage lenders, hard money lenders, contractors, and investment companies.

In many cases, all it takes to connect with a fellow investor is just to send them a simple message. Building cash flow from multifamily properties may seem like a long way away to the average real estate rookie, but there’s nothing too hard about clicking a button and typing out a simple message and starting to expand your network—which is one the most important parts of investing in real estate.

BiggerPockets is full of individuals who have found real success in real estate, whether they’re house hacking with FHA loans or house flipping with no cash of their own and using other people’s money. But aside from these enterprising investors, BiggerPockets provides a great market for a real estate agent or property manager to expand their business; Premium and Pro Members have access to exclusive forums, which is great for businesses and professionals engaged with higher dollar value real estate.

PRO: Educational Materials

In addition to the free educational resources like the podcast, the blog, the forum, and the downloadable beginner’s guides, BiggerPockets also has a bookstore of real estate literature printed under the BiggerPockets label. Tax Strategies, Flipping Houses, Managing Rentals, Raising Private Capital, and Finding and Funding Deals are just a few of the topics and book titles on the shelf.

Investors can also subscribe to the BiggerPockets Wealth Magazine and get six issues for less than $30. The bi-monthly periodical provides stories, conversations, action-oriented advice, and inspiration geared toward enthusiastic investors to find financial and personal success in real estate. These books and periodicals can also introduce intimidating topics like a hard money loan.

CON: Pro Membership Can Be an Investment

The Pro Membership does offer an incredible number of benefits for just $39 per month, but that does add up to almost $470 per year, though if you pay for an entire year, it’s $390. The Premium Membership is $99 per month, and there is no annual discount—in fact, you have to commit for 12 months, which essentially makes Premium Membership an almost $1,200 investment. For those who aren’t sure they want to really get into real estate investing, this cost might not work for them.

However, this “con” is not so negative. Remember that investors get access to lease agreements and investment calculators. Additionally, Pro Members get discounts with real estate vendors totaling an estimated $8,000 or more in value, while Premium Members gain invaluable boosts to their lead generation and conversion rate.

CON: The Forum Is Open to Everyone

Keep in mind that an open forum means you will possibly have negative interactions. Unfortunately, as with any forum, there can be some individuals who patrol the forum looking to pick a fight or be critical. This can be especially problematic for investors who are just starting or happen to be sensitive people in general.

Additionally, there might be some members of the BiggerPockets community who engage in less-than-savory marketing practices or spammy behavior. While BiggerPockets will try to screen out such individuals, there can be no guarantee that you won’t run into one here and there.

An open forum also means that the answers you receive aren’t necessarily perfect. You’ll often get advice from people who really know what they’re talking about, but you may also receive advice from someone who may be uninformed or mistaken.

That said, this “con” is not exclusive to BiggerPockets; it’s just part of the internet. The educational and supportive value offered by the numerous, well-intentioned co-investors on the forum far outweighs the sprinkling of negative experiences one might possibly have.

CON: You Get One Perspective

While the forum certainly allows anyone to throw in their two cents, the published materials, blog articles, and podcast content of BiggerPockets are curated. That means if someone is invited onto the podcast to discuss flipping houses, you can be certain they’ve had success with this enterprise, and their narrative will most likely fit in with the greater vision of BiggerPockets.

Some investors—especially those who have not yet found success—may find this one-sided or intimidating. They may be hoping to get some support or validation from others who have also had problems in real estate. Moreover, some individuals are perhaps just not cut out for investing, and the curated narrative of BiggerPockets can leave them feeling frustrated or disillusioned.

However, given the fact that BiggerPockets has a goal to facilitate success, it would not be likely that they promote anything other than inspiring and hopeful messages and viewpoints. Moreover, these unsuccessful investors may very well benefit greatly from becoming immersed in the can-do story that BiggerPockets presents. Additionally, BiggerPockets has many accurate and detailed resources to help investors achieve the success story they present.

BiggerPockets Review: Pros and Cons

BiggerPockets is not the end of the journey, but just the beginning. It’s also important for those interested in getting into real estate join a local organization like a Real Estate Investors Association (REIA) to network with local real estate investors and professionals. Such an organization (available in most cities) can become a valuable place to find great deals in your own proverbial backyard, whether you’re looking for residential real estate or commercial investment properties.

But for many individuals, the process of getting into real estate investing for beginners can most easily start with a real estate podcast, blog, or online forum—all of which are part of BiggerPockets. This incredible online resource can become a place where you can take those first steps toward a rental property or home flip. For many aspiring investors, the only two things holding them back are a lack of information and an easy way to jump in—both of which BiggerPockets provides.

Making a monthly mortgage payment is about as close as most working individuals come to investing in real estate. They may assume that investing in real estate is only for those who have actualized the house flipping financial independence they hear about on a motivational money podcast—while at the same time wishing they could create real passive income, build wealth, and live in the house of their dreams.

BiggerPockets’ real estate investing blog, forum, and podcast is a path to success that is right under their proverbial nose. While commuting to work or waiting for an appointment, they can listen to podcasts and start browsing blog articles to get educated on how to achieve real financial independence.

As always, take advantage of our free educational content and every other Tuesday we have Toby’s Tax Tuesday, a great educational series. Our Structure Implementation Series answers your questions about how to structure your business entities to protect you and your assets.

Additional Resources:

  • Claim your FREE Strategy Session, and learn how Anderson Advisors can protect your assets.
  • Join our next Tax & Asset Protection event to learn more advanced tax minimization & entity structuring strategies
  • For all things investing, check out the Infinity Investing YouTube channel
  • Subscribe to our YouTube channel to make sure you never miss the latest strategies & updates

Is Survey Junkie Legit? Our Honest Review 2024

Are You Looking For a Clean Information about Your Most Desire Earning Platform Survey Junkie? Is Survey Junkie Legit? Still, It Can Be Goldmine For You? We Will Cover Everything in This article. So Keep Reading And Exploring the Honest Truth About This Survey platform, and Choose Wisely.

Nowadays, Online Earning has Gained More Popularity Before the Covid People Getting Used to with this Earning Method. Because It Allows them to earn Money from Their Own Comfort Home, What would be better Than This? Survey Junkie Is One Of The Platforms that People Interested in Most. This Platform Gives the Opportunity to earn money online, and This Platform Offers People very easy Tasks in return for a small amount of money so that people can gain some extra money. It is Important To Get Money From This Website; knowing this Platform’s Trustworthiness and Legality is also Important. That is The Reason we are Writing this article.

In This Article, we aim to Provide A to Z Information about Survey Junkie, Including trustworthiness, How To Works, withdrawal, and how to get the most out of it.

Is Survey Junkie Legit? Let’s Know The Truth

Knowing whether Survey Junkie is Legit or Not is Very Important, Because, in the modern world, People are so Busy with multiple Tasks. They Can’t Get Informed of everything after trying because of Tight schedules, and If They Learn about anything from us, it will be beneficial for them. This is the Reason Why we are Providing the Information here. Is Survey Junkie Legit in 2023? Let’s Explore the Truth.

Survey Junkie is absolutely a legitimate way to earn some extra cash or gift cards online. It’s not still a scam. You can participate in surveys that match your interests and demographics. When you complete surveys, you receive points that can be converted into real money through PayPal or gift cards from popular retailers.

Survey Junkie has earned a commendable 4.2 out of 5 on Trustpilot, boasting a substantial 44.8k customer reviews. Additionally, the Better Business Bureau (BBB) approves it with an equally impressive rating of 4.2 out of 5, backed by more than 1,468 customer reviews. Although Survey Junkie might not pave the way to wealth through paid surveys, it offers a trustworthy platform where you can participate without fear of scams or deceptive practices.

Pros and Cons of Survey Junkie

Every Platform Has its Good side and some Bad side, so Survey Junkie is not an Exception. Now, How do You Understand whether a Platform is Good For You or Not? To Identify it, you should Compare the Good Side with the Bad side of the Platform. If You Find the Good side is More than the Bad, You can Consider it a Good Platform. Now we are Revealing Good and Bad things about Survey Junkie, and finally, we also provide our Thought so that You Can Easily Understand whether it is Good or not.

Here are The Pros And Cons Of The Survey Junkie Platform

Pros 👍:

  • Survey Junkie is a real and honest place that pays you for your opinions.
  • Joining is free, so you don’t need to spend money.
  • The website is simple to use, making it easy for everyone.
  • You can do surveys whenever you want, giving you a flexible way to earn extra money.
  • You have choices for rewards – you can get money through PayPal or get gift cards from popular stores.
  • People from different countries can use Survey Junkie.
  • You don’t have to buy anything to do surveys.

Cons 👎:

  •  The income potential is modest, and you won’t make a big income using Survey Junkie. It’s more of a side gig.
  •  The number of available surveys can be inconsistent, and you may only sometimes have surveys to complete.
  •  You may only qualify for some surveys, and being screened out of a survey after starting can be frustrating.
  •  Sharing personal information with third-party companies for market research can raise privacy concerns.

Our opinion about Survey Junkie is generally positive, considering the balance of pros and cons. Because the platform offers clear benefits, such as being user-friendly, free to join, and available to a broad audience, it allows people to earn rewards by sharing their opinions, which can be a valuable opportunity.

Yet, the platform’s limitations, such as the modest income potential and survey availability issues, are significant considerations. The potential privacy concerns when sharing personal information for market research are also worth noting. These drawbacks don’t make Survey Junkie a perfect income source, but they don’t necessarily overshadow the convenience and legitimacy it offers. It can still be a useful way to earn some extra money for those who understand its limitations and privacy implications.

Survey Junkie Earning Potential in 2023

Survey Junkie is a good way to make some extra money, honestly. But it takes a lot of work to get rich. If you’re patient and realistic, you can earn a few dollars for each survey you do. Some longer or special surveys can pay even more. So, it’s a nice way to increase your income.

The cash you earn can pile up, and you can receive it with PayPal or swap it for gift cards. Survey Junkie is simple to use, and you can do surveys whenever it works for you. It’s a nice choice if you want to earn some extra money in your free time.

If you keep doing surveys and make sure your information is current, you can keep getting rewards regularly. This can help you improve your finances and make the most of this real and easy way to boost your income.

Types Of Task Survey Junkie Offers

Survey Junkie has a lot of different tasks that you can do, but most of them are online surveys. These tasks let you make money or get rewards by giving your thoughts and opinions on different topics. The kinds of things you can do on Survey Junkie include:

Consumer Opinion Surveys

These are the most common types of surveys on Survey Junkie. They involve providing your opinions and feedback on products, services, brands, or various consumer-related topics.

Market Research Surveys

Market research surveys often delve into broader industry trends, market preferences, and competitive analysis. Participants may be asked to share their thoughts on market dynamics and the overall business landscape.

Product Testing

Occasionally, Survey Junkie may offer opportunities to participate in product testing. This involves receiving a product and providing feedback on its quality, usability, and overall experience.

Focus Groups

While less common, Survey Junkie may occasionally recruit participants for online focus groups. In focus groups, you engage in a more in-depth discussion with a small group of participants on specific topics, products, or services.

How To Start Earning On Survey Junkie?

Survey Junkie is a simple and honest way to make extra money by doing online surveys. It links people with companies and researchers who want to know what consumers think. To get started and start making money on Survey Junkie, follow these easy steps:

Sign-Up

Begin by signing up for a free account on the Survey Junkie website. You’ll need to provide basic information, including your email address and some demographic details.

Profile Completion

After signing up, complete your user profile. This step is crucial as it helps Survey Junkie match you with relevant surveys. The more detailed your profile, the better your chances of receiving survey invitations that match your interests.

Survey Notifications

When your profile is all filled out, Survey Junkie will send you messages about surveys that fit your profile. You can decide to join the surveys that catch your eye or interest you.

Participate in Surveys

Select and complete surveys from the available options. Be honest and provide accurate information in your responses, as this helps maintain the platform’s credibility and ensures you qualify for more surveys in the future.

Earn Rewards

After completing surveys, you’ll earn points or cash rewards, depending on the survey’s length and complexity.

Redeem Rewards

Accumulate enough points or cash in your Survey Junkie account, and you can choose to redeem your earnings as cash via PayPal or as gift cards from popular retailers.

Regular Engagement

To maximize your earnings, remain active on the platform. Check your email for survey notifications, log in to the Survey Junkie website to view available surveys, and update your profile as needed.

Patience and Realistic Expectations

While Survey Junkie offers a legitimate way to earn extra money, it’s important to remember that it won’t replace a full-time job. It’s a supplementary income source that requires patience and realistic expectations.

How To Complete A Survey?

Taking a survey on Survey Junkie is pretty simple. First, when you get a survey invite, make sure it’s something you’re interested in and you fit the criteria. Then, start the survey and answer the questions honestly and completely. After you finish, you’ll get the reward they promised, which could be points, cash, or gift cards, depending on the survey. Just be truthful in your answers to keep getting more surveys, and remember, you might not qualify for all of them because of specific requirements.

Survey Junkie Withdrawal Process And Rewards

Getting your money from Survey Junkie is easy. You can pick either real cash through PayPal or digital gift cards. But, you usually save up a bit, like around $5 to $10. When you want to get your rewards, log in and go to the “My Points” section. Then, choose the reward you like. Sometimes, they need to check your identity. The good thing is Survey Junkie is quick and dependable when it comes to giving you your money.

Here is the Detail Withdrawal Process Step By Step:

Accumulate Earnings

To initiate a withdrawal, you need to accumulate a minimum balance of points in your Survey Junkie account. The minimum threshold for cashing out is typically around $5 to $10 worth of points or earnings, depending on your location.

Log In to Your Account

Log in to your Survey Junkie account using your email and password.

Navigate to the “My Points” Section

Inside your account, find the “My Points” or “Points” section, which typically displays your current balance and earnings.

Redeem Your Points

In the “My Points” section, you’ll see options to redeem your points for rewards. Select the reward you prefer, which is often a cash option via PayPal or gift cards from popular retailers.

Verify Your Identity (if required)

Based on where you live and how you want to get your money, they might ask you to prove who you are. It’s to keep things safe and prevent fraud. This might mean giving more info or some documents.

Confirm Your Withdrawal

Once you’ve selected your preferred reward and completed any necessary verification, confirm your withdrawal. The earnings will then be processed.

Receive Your Reward

The way you choose to get paid decides how you’ll get your money. If you pick PayPal, you usually get it fast. But if it’s a gift card, they’ll send it to your email electronically.

The Rewards Offered By Survey Junkie:

Survey Junkie has two primary types of rewards such as Cash And Gift Cards.

Cash

You can turn your earnings into real money, usually sent to your PayPal account. Then, you can use this cash for different things like shopping online, paying bills, or transferring it to your bank.

Gift Cards

Or, if you prefer, you can change your earnings into electronic gift cards from popular stores. You can use these cards to buy things in the store or online. Here is the list of gift cards that Survey Junkie offers: 

  • Amazon
  • Walmart
  • Target
  • Starbucks
  • Sephora
  • iTunes
  • Best Buy
  • Home Depot
  • Visa Prepaid Card
  • PayPal (in some cases, PayPal may be available as a gift card)

Remember, the choices for rewards and the least amount you can withdraw might change depending on where you are and Survey Junkie’s rules. But, in general, Survey Junkie is good at making sure you get your money. You can get your rewards when you’ve saved enough and done any needed checks.

Conclusion

At The End of The Article, Survey Junkie is a real and easy way for people to make some extra money by doing online surveys. It’s a safe and friendly place to do this, and you can get points, cash, or gift cards as rewards. People like it and give it good reviews on Trustpilot and BBB, which means it’s trustworthy. It won’t make you super rich, but it’s a good way to add to your income while you share your thoughts.

Survey Junkie has some good things about it. It’s easy to use, doesn’t cost you anything to join, and you can pick how you get rewarded. This makes it good for people in different countries. But, you might not make a lot of money, and sometimes there are few surveys to do. Plus, it would be best if you were careful about giving your info to other companies.

Survey Junkie is a trustworthy platform for people who want to earn extra money by doing market research. If you have realistic expectations and want to make some extra cash from home, it’s a good choice. It’s reliable and simple, which makes it a valuable option in the world of online money-making opportunities. So, if you’re looking for a genuine and easy way to boost your income, Survey Junkie is a good option.

Frequently Asked Questions

How long does it take to complete a survey on Survey Junkie?

The time required to complete a survey can vary significantly based on its length and complexity. Some surveys may take just a few minutes, while others may take 20-30 minutes or longer. The estimated completion time is typically provided in the survey invitation.

Can anyone join Survey Junkie?

Survey Junkie is available to residents of several countries, but eligibility may vary. Users typically need to be at least 13 years old to participate. The specific countries where Survey Junkie operates may change, so it’s advisable to check their website for current eligibility information.

What happens if I don’t qualify for a survey?

It’s common to be screened out of a survey if your demographics or interests don’t match the survey’s requirements. In such cases, you won’t be able to complete that survey, but you may still receive compensation in the form of points or sweepstakes entries for your time and effort.

Is Survey Junkie the only platform I can use to earn money through surveys?

No, there are several survey platforms available. While Survey Junkie is one of the more reputable ones, you can explore other survey sites, such as Swagbucks, Vindale Research, or Pinecone Research, to diversify your survey-taking opportunities.

How often can I expect to receive survey invitations on Survey Junkie?

The frequency of survey invitations can vary. Some users may receive several invitations per week, while others may receive them less frequently. Your demographics and profile information play a role in determining the number of survey opportunities available to you. It’s a good practice to check your Survey Junkie account and email regularly for new survey notifications.