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24 January 2025 | 11 replies
- You can buy using FHA 203(k) loan which allows you to finance repairs into the purchase mortgage.If you find you like being a landlord, you can BRRRR a property every year.You can also start BRRRing rentals w/o planning to live in them.
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22 January 2025 | 1 reply
All this to say your repair partner is going to be crucial to your success.
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19 February 2025 | 34 replies
I’d be happy to assist with insights on financing strategies if you need help structuring your future purchases.
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22 January 2025 | 5 replies
Landlord will promptly respond to Tenant request for repairs but will not be monetarily responsible for tenant disruptions or inconveniences during habitable times of repairs or tenant/guest injuries incurred in or around obvious areas of maintenance, repairs, or construction.We are more converned about them expecting us to pay for their losses rather than getting recouped for damages to our property.
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26 January 2025 | 54 replies
If you have questions, he will answer you directly (vs. moderators or coaching assistants).
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24 January 2025 | 8 replies
What do you have in your lease about repair requests?
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30 January 2025 | 12 replies
I'm totally good with some sweat equity but I'm not in a position to do Roof, siding, structural repairs and such.
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23 February 2025 | 35 replies
Hi Zoe in Milwaukee, Wisconsin-You have $25,000 to invest and you would like to scale your portfolio efficiently and wonder what the best approach would be to do that.First off, congratulations on starting your investing journey and having $25,000 to invest.If you could find something near you with equity when you buy it, then house hacking will get you into a property with the lowest amount down--make sure to leave room for reserves and repairs in your budgeting and then refinance as soon as you can to pull money out to buy the next house the same way and keep the first and so on.If that is not possible near you because of prices or other factors, then I would look at buying a BRRRR in a market like Lansing, MI.
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12 February 2025 | 6 replies
Keep reserves. 80% of buyers experience a major unexpected repair in the 1st year of ownership.4) Talking with an agent who can help increase your knowledge of the process and owning a home.
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22 January 2025 | 16 replies
In hot markets, some wholesalers and investors use 80-85% of ARV (minus repairs) instead of the typical 70% to stay competitive.A few tips:1.