Hi BPeople,I’m looking into buying a possible Brrr property, a triplex on a C+ neighborhood that is up and coming.The property has been empty for a wile and there is a current person that keeps braking in one of the units.I believe the problem will go away with better locks, and tenant in place, I’m just not sure if I should be dealing with this type of nuancesAlso, my contractor walked the property with me and told me that the total renovation will take about 10month to complete, which I’m not sure if is reasonable or not, but in this mean time the units will continue to be vacant.What would you do?

But, usually my price will need to be around 50-70% of aftermarket value.

Hey guys,I will be investing in a particular market, but I understand that in order to expand your portfolio, you have to go after markets that are prime for renters I.G.

Should be braking ground soon after. 

The brakes were put on these transactions through ALTA (American Land Title Association) requirements.

It's not realistic to buy as many long-term rentals in a short time frame as it is for flips.For me, I literally had to hit the brakes and reset button and change my mindset from fast and exciting to slow and reliable.My suggestion would be to start out small and start shifting capital away from flips and towards rentals.

Yes not good but I'm have learned a lot what to look for on the next. well interest rates as you all know are increasing rapidly so it's blowing my #s up. so my question is do I just keep paying the 10 HELOC loosing $100@ my current balance or do I refi in 2 months pay closing costs and maybe brake even. im voting for paying down the HELOC. thanks so muchoh yeahi I'm into the property 145karv Zillow probably not accurate 179-199k thanks all

@Dan Handford you are talking about what i call the "technical" terms.Technically a broker maybe braking the law (in some states) if they do a deal without actually getting the listing. so yes, they have to get a listing.

After marketing the deal on BP, craigslist, and the local BP meetup, we found a buyer and closed the deal.

Using PEX in the long run is much better as the tweekers and other addicts leave it in place as there is no after market for it.