All Forum Posts by: Drew Harris

 Yes I do sir.

This is great! Thank you so much. Did you appear on the rookie podcast?? If so you are the guy that inspired me to look at this strategy 

@Ron Brady Thank you sir! 

Thanks @John Chong. Have you heard of a company called padsites or know of any investors that have used that service?

Hello BP,

I'm a rookie investor looking to work with partners on Rent by the Room strategy. I will be looking for duplexes and SF to do this. I plan on living in the property in one of the rooms to start leasing to myself (LLC). Using a conventional 3% or Down Payment Assistance Program to purchase one. Then work with partners using the BRRRR strategy to purchase others under my LLC with 20%-25% down.

If you are Renting by the Room, what has been the biggest learning lesson you can share about this strategy?  Would you continue this strategy if you had the financing or partners?  How do you handle issues between roommates?

I'm looking to BRRRR properties with partners and implement this strategy

Hello BP,

I'm looking to implement Rent by the rent-by-the-room strategy in the DFW area.  What are some challenges you have with this strategy?  What benefits have you experienced that is positive besides the income?  Do you self-manage? If so what are doing to qualify the tenant? If you hired a property manager what is there screening process? Also % charged monthly?  Thanks in advance for sharing the knowledge!

@Ronald Rohde I left a message with your office. I need contracts reviewed for Joint Venture deals. I look forward to speaking with you.  We talked briefly last year for a consultation. 

Hello BP,

I just became a PRO member, and I'm excited. I wanted to reach out to this community for suggestions on how you interview attorneys to represent you. I have some potential JV deals and wholesale deals I want to make sure my paperwork is in order. Thanks in advance BP Fam!