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2 June 2024 | 112 replies
New construction for example goes for $530 a square foot in upper Arlington which is an old money neighborhood here, but to get that land you had to pay $300 per square foot for it. so you are actually getting $230 per square foot.
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29 May 2024 | 1 reply
I rent out the lower unit and for the upper unit, I rent 1 of 2 bedrooms.
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30 May 2024 | 11 replies
You find a fixer-upper to Rent until you Sell and move into that to do it again.
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31 May 2024 | 44 replies
Also, as another member pointed out, always put a maintenance spending limit per month per property in writing Anything above that should require owner approval before proceeding, unless it is an emergency type of repair such as repairing a burst pipe indoors or removing a fallen tree limb from an upstairs window.
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30 May 2024 | 10 replies
Some guys were handymen who helped me on the next fixer-upper or maintenance or building a new shed or fence etc.
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30 May 2024 | 47 replies
I am currently in the mix on picking up 2 apartment buildings and a duplex in Minot ND. as well as starting to buy fixer uppers and remodeling them. i would love to connect with Minot investors and talk about property managers and who is preferred in the area.
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29 May 2024 | 3 replies
I've progressed from owning fixer upper duplexes in the north end of Winnipeg where I would do the renos myself late into the night; to purchasing large apartment buildings to acquiring properties in 13 different cities across Canada and the United States. to now buying office buildings and institutional-grade grocery-anchored retail centers leased to national tenants and publicly traded companies like Walmart, Safeway, and Loblaws.Before 27, I achieved lean FIRE, all thanks to the inspiration and fundamental concepts from the BP podcast and the incredible people I've met along the way in this entrepreneurial journey by betting on myself, committing to lifelong learning, and nurturing an insatiable curiosity.If someone like me, who barely made it through high school and would be considered "unlikely to succeed" by my peers, can do it, so can anyone reading this.
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28 May 2024 | 3 replies
The BRRRR method is when you buy a fixer-upper, fix it, rent it out, refinance it, and then do it all over again.
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27 May 2024 | 0 replies
You can also try the BRRRR method, which involves buying a fixer-upper, rehabbing it, renting it out, refinancing to pull out your initial investment, and then repeating the process.