Desiree Rejeili
The BRRRR Strategy: A Comprehensive Guide to Building Wealth Through Real Estate Inve
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.
Catherine Ashmead
Need Estimates on New Build in Maricopa, AZ
27 January 2025 | 2 replies
We are at the feasibility stage and need help determining the best way forward for the land we have in Maricopa, Arizona.
Jeff Sanders
Estimating landlord Insurance
29 January 2025 | 3 replies
I don't want to waste anyone's time providing quote after quote for me for the properties I am merely in the analysis stage with.
Luis Herna
Help With Loi As Wholesaler - Commercial Deal
23 January 2025 | 4 replies
We are in the LOI stage..
Rob Tara
40+ unit deal. Need help w/ financial analysis
28 January 2025 | 6 replies
Thank you @Jaycee Greene and @Hossein DaneshIn sum:- 42 apartment rental deal (land has potential to add 32 more on two small building but that phase would be out of scope for this initial stage analysis).- Negotiated sales price $3.2 (seller financed)- 30% DP @ 7% / 20rs.
Gene D Stephens
Looking for Advice on Investment/DSCR loans
29 January 2025 | 11 replies
Be careful taking any loan without knowing your numbers.
Samuel Coronado
How to Buy a $2.9 million MHP
30 January 2025 | 0 replies
This is more of a reach goal for me since I am still in my "collect 4 green houses before trading up to a red hotel" stage, but I thought I would ask the hive mind anyways.
Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
Be careful not to place your identity in your age/success in RE.
Laurens Van swol
DSCR Loan for Florida investment
27 January 2025 | 15 replies
If you are set on closing under your personal name, you definitely want to check with your lender on that during the initial fact-finding stage.
Scott Vaeth
6% Tax Rate - South Carolina Rental Properties
29 January 2025 | 5 replies
I'm now realizing that in the state of South Carolina, the tax rate jumps 2% for rental properties to help fund public schools, a $600/mo cost that I didn't account for when using the calculators in the earlier stages.