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14 February 2025 | 19 replies
If so they may have a real estate license or they may work with an agent that relies on repeat business rather than a one-off purchase.
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25 January 2025 | 3 replies
I'm looking to purchase my first rental property and have been searching for a deal that would generate positive cash flow based on my projections.
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28 January 2025 | 3 replies
Hello- I am considering purchasing a property that is a main home (3 bed 3 bath) with an attached apartment over the garage (1 bed, 1 bath) with separate entrance.
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29 January 2025 | 15 replies
I recently purchased a property with the intention of doing a fix/flip.
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28 January 2025 | 2 replies
Purchase price: $850,000 Cash invested: $335,000 Historic downtown Fargo property.
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24 January 2025 | 0 replies
The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.
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29 January 2025 | 12 replies
I would also like to know the purchase price and current market value.
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23 February 2025 | 25 replies
Don't be suckered into buying cheap properties - unelss you know exactly what you are getting into.Here's some copy & paste advice that applies to just about any Midwest rental market:--------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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23 January 2025 | 15 replies
Deal 2: Duplex (older home that needs TLC in good location)Purchase price: 120k, Rehab 40k, Total all in: 180kExpected Rent: $2,400/month to $2,700/monthDeal 3: 5 Plex (is that even a word?
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6 January 2025 | 14 replies
Have you always invested in owning the parks, or have you purchased some individual mobile homes in parks you haven't owned also?