When I did provide them, I ended up switching to new ones, but if I were buying today, I’d skip them altogether.Hope that helps!

Purchase price: $720,000 Cash invested: $60,000 Househack/BRRRRR.Taking advantage of low 5% down Owner occupied conventional loan, then fixing up the units 1 or 2 at a time, raising the rents, and then refinancing to lower the monthly payment and increase cashflow. 1 full gut unit and others were more cosmetic turnovers.

I took up being an agent as my side hustle that slowly became my full gig but before that I didn't need a side hustle as overtime was readily available to me as a nurse. 

•Phase 2 ($1M in 12 months): To fund construction.Right now, our structure is:•8% preferred return•70/30 split (LP/GP) up to 18% IRR•30/70 split (LP/GP) after 18% IRRDuring our webinar, some investors expressed concerns that early investors are taking on more risk and should be compensated more.

When a tenant realizes they will have to pay late fees plus the lawyers bill (which is never cheap) they will straighten up quickly. 4.

Subsequently I ended up buying property in 8 states, and a couple weeks ago bought 5 properties in 5 days in 3 states.

Inheriting it is the best option tax wise- because it gives you a step up in basis to the property's value on that date. 

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

The 45 days identification time sometimes presents a challenge and if you dont give yourself a little wiggle room you might end up buying something you dont necessarily want/like. 

Hi BiggerPockets community,excited to connect with like-minded individuals who are passionate about real estate investing.