Benton S.
Advice on buying rent controlled house w/ tenants Los Angeles
12 May 2020 | 7 replies
Sorry to double post but I don’t think I made my primary question very clear; can anyone here share experiences of Ellis-ing in Los Angeles, and can anyone recommend an eviction attorney who would be well versed in these topics?
Michael Bacile
Cushion for rental overhead
7 November 2018 | 4 replies
just do the math based on your future goals...That said, BRRRR can work if you are buying with cash, using delayed financing, and buying at extreme discounts under appraised value....very few people can pull this off consistently.There are a host of other considerations with BRRRR, just be aware...like if you are using a conventional lender, all your re-fi's will be based on your personal DTI and credit score...you'll hit the wall very quickly...so you need a commercial lender up front...but you'll take a big hit on points and origination fees...and will be required to hold so much in reserve that you will likely not cash flow for years.Nobody really talks about the potential issues that can arise if you are not BRRRR' ing in a way that makes sense.
Frederick Kuo
Post-Covid19 Bay Area Market
6 July 2020 | 26 replies
I recommend niche-ing in watching the market closely for a few months to a year, and then acting on all the data you've gathered.
Gavin E.
Commonly overlooked rental property expenses in greater Dallas?
28 January 2018 | 4 replies
I'm looking at BRRR-ing in the greater Dallas area specifically east Dallas (Garland/Mesquite area).
Alex Rearmice
How would you invest $275K as a 1031 exchange?
17 August 2009 | 7 replies
But if I buy, say, 5 houses, then I'm going to be 1031'ing in the future into other small fish things.The third level of figuring out stuff is - what do I want to accomplish?
Dan Delcorio
BRRR-ing more difficult in Texas?
27 September 2019 | 4 replies
Learned of the 80% loan to value limit.Does this making BRRR-ing in Texas more difficult then other states?
Billy Maloney
Full appraisal cash out refi
25 October 2016 | 17 replies
I was exploring the idea of refi ing in a shorter period than 6 month, So ill look around and if I cant find anything 6 months is the back up plan.
Cassidy Burns
Structuring First Seller Financing Deal!
25 May 2019 | 2 replies
Also with regards to refi-ing in 5-10 years, do you think you'd be able to secure fixed debt lower than 6% for this investment?
Bryce Jacobson
New Member in Renton Washington
15 September 2016 | 8 replies
If you end up wholesale-ing in the future, make sure to add me to your mailing list
Ben Pedersen
Security System Options - For Canadian Rental Properties
9 September 2019 | 2 replies
We have had a lot of success BRRR-ing in C-Class neighborhoods, it's a bit more work, but we've been able to pick up some really great deals, renovate them, and then find great tenants as our properties really are the only diamonds in these lower-income areas so there is always tons of interest and we are able to sort through and select top tier renters.