
30 January 2025 | 45 replies
I also think the market is so slow that if an investor is paying attention they will see a trend forming and can react in before there is material shift in values.

9 January 2025 | 8 replies
One of them accidentally paid for January rent because of auto pay and is now requesting it back.

14 January 2025 | 4 replies
Either he's paying rent or isn't.

11 January 2025 | 4 replies
Turns out, the right marketing found renters who appreciated the quality and were willing to pay a premium.

9 January 2025 | 14 replies
Learn to control your spending and pay off debt.

13 January 2025 | 17 replies
If the deal is good enough their may be enough returns to pay investors as well as yourself.

15 January 2025 | 8 replies
The management company stopped sending statements and stopped paying me rent at some point.

16 January 2025 | 78 replies
You have to pay people to do things for you, you would normally do yourself.

13 January 2025 | 3 replies
On another note, I don't like the idea of paying all-cash.

18 January 2025 | 10 replies
To get to the ARV of $250,000 , I am assuming as follow:Because you spent $15,000 in renovation, I am assuming you increased the Initial value of the property at 30,000 bringing it at $230,000Add a 8.69% home appreciation for one year $20,000Estimated Home Value After 1 Year:$250,000Refinancing Breakdown:New Home Value (Post-Appreciation): $250,000 New Mortgage Amount (80% LTV): $200,000 Existing Mortgage Balance after 12 months: -$158,035 Assuming 3 Months Interest Penalty for Breaking Existing Mortgage: - $2371Total Cash Pulled Out: $39,594, allowing you to recover to pay a portion of your initial investment of $63,548, leaving $ $24,015 in the deal.Many new investors mistakenly believe the BRRRR strategy ends after the cash-out.