Jay K.
First BRRR Project-Doubled Value (Photos Included)
Hey folks, my name is Jay; I’m 24 years old and I decided to take a plunge into a BRRR project as I have a large network of tradesman, industry mentors, and surplus liquid. In November 2017 I made a bold move of buyin...
Himanshu Jain
Running Diary of a Single Family home in St Louis (U City area)
This is my first big rehab in a nicer are of St Louis, I am excited to share my journey with all hoping that it will help other professionals like me to learn, to get motivated and excited about their own similar proj...
Kingsley Okwerekwu
Estimating repair costs off MLS pictures...okay to do? Or stupid?
How can I estimate rental costs on a MLS listing from my computer? I am looking to begin my first flip in the next 2/3 months...is it okay to see fixer upper appear in my market and just make an offer of what I “think...
Matt Wells
Seasoning period for cash-out refiance with a paid off property?
How long is the seasoning period to do a cash-out refinance into a conventional mortgage if the property is completely paid off? I've read somewhere that it is usually six months but doesn't specify if that 6-month s...
Scott Wessels
What are your buy and hold investment rules?
Hi All,I want to know what your investment rules are for buy and hold investments, specifically SFRs. I know about the 1% rule, 2% rule, the 50% rule etc...that's not what I'm asking about. I'm trying to figure out ...
Carl Deeds
BRRRR Refinance Question About Equity Pay Out
Hello! I have a question about the BRRRR method that I cannot find an answer to. My question is this: Once you do a cash out refinance and get your check from the bank, doesn’t that money have interest?- As an example...
Mohammad Budhwani
First post and need some advice! (Texas)
Greetings,Ive been lurking for a while but this is my first time posting. Been researching for a while and finally stumbled upon a deal I feel is worth going after. I would, however, appreciate any input/advice from o...
Inderpal Chadha
Second and third flip
Any journey is exciting when one tastes success in the beginning. The first rehab fix and flipproject was a grand success and bolstered my confidence to move on this path. The secondproject was purchased right of the ...
JD Castillo
The days of buying property in DFW for 65-70% minus repairs are over. What percentage are investors buying throughout the Metroplex?
We are currently seeing a big swing to investors calculating an acceptable dollar amount for NET profit and not necessarily purchasing on a set percentage. For example, if a house needs a true $5,000 in rehab, and th...
Shane W. Chapin
Finally Completed Our First Flip in Rochester, NY
Investment Info:
Single-family residence fix & flip investment in Rochester.
Purchase price: $63,000
Cash invested: $43,000
Sale price: $139,900
This is a 3 Bed 2 bath ranch style home. I ...