Sam Gillett
60 Unit New Development in Cape Breton, Nova Scotia
2 September 2024 | 3 replies
This keeps costs and timelines to the absolute most efficient, enabling us to see really competitive returns.
Jessica Coté
Good to be Green
1 September 2024 | 7 replies
Just as a heads up as not sure which timeframe of BP podcasts, but before covid you could do a BRRRR and get all your money back out of the deal, today that is typically not the case and you will still have money in the deal - so just wanted to mention that.Lastly, you are way ahead of me and many others already as I cannot swing a hammer :) In my market I believe I can still potentially extract all investment, but after the high LTV REFI, it would have very significant negative cash flow which was not the case for BRRRRs where refi completed prior to 2022.
Scott Simmons
Assuming a VA loan true a Subject to
30 August 2024 | 3 replies
I know I can extract cash flow from the property even though the interest rate is not that good i can still cash flow some money and refinance in the future.
Katie Tran
Looking to Invest in North Orange County, CA
2 September 2024 | 24 replies
Supply and DemandIn real estate, prices and rents are determined by the imbalance between the number of buyers and sellers.When there are more sellers than buyers, prices decline until there is a rough balance between the number of buyers and sellers.When the number of buyers exceeds the number of sellers, prices increase until there is a rough balance between the number of buyers and sellers.Rents follow prices.Higher prices reduce the number of people who can purchase, increasing demand for rental properties and increasing rents.Lower prices enable more people to purchase, decreasing demand for rental properties and decreasing rents.What determines demand?
Albert Hepp
For those who think the new MLS Realtor rule changes are bad for buyers
28 August 2024 | 1 reply
Buyer starting mortgage balance is $90k (assuming 10% down) because mortgage rules changed to enable commission to be added to mortgage balance.
Charlice Arnold
How Can Bridge Loans Help You Close the Gap in Your Real Estate Investments?
28 August 2024 | 2 replies
You can use the proceeds from the bridge loan to cover the down payment and closing costs on a new property, which enables you to buy a new home before the first one is sold.
Andrew Acuna
What is everyone's obsession with hiring PMs!?!
4 September 2024 | 84 replies
This will enable them to manage a PM when they reach that level of doors.
Michael Shea
ADU Friendly Cities in San Diego
26 August 2024 | 13 replies
However if I do a BRRRR I can achieve infinite return by extracting all of my investment.
Jaden Jung
Experiences in Roofstock, Doorvest, Norada, or other "Turnkey" solutions
26 August 2024 | 16 replies
You can go do the same thing and extract all the value.It's why you ****ing invest.
David Colthart
How to BRRRR in Ohio in 2024
24 August 2024 | 26 replies
Developing the tools to scale a substantial real estate portfolio would enable me to help people in a way I currently can not.Me: I'm an investor located in Denver, CO preparing to execute the BRRRR strategy in Cleveland or Columbus, OH (aiming to use about $30-40k of capital).