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Results (10,000+)
Dylan Lersch Wait to build credit or try to buy a investment property now
16 May 2024 | 32 replies
there's no buying a BRRRR deal with $0 - you need cash to buy, and then you need cash every month to pay the holding costs and service the debt during the rehab.lots of things are making BRRRR tough right now, especially the increase in interest rates and the fact that prices have leveled off. if you did a BRRRR in 2020 and just waited 12 months, prices would go up, and that would help your appraisal. that is not the case anymore. other factors are making it difficult too - there is lots of competition for deals, both on and off market; lots of good contractors are booked up; and lending has tightened a little, and it's harder to get a higher LTV.so just to be clear: -BRRRR requires lots of cash - it's way more cash intensive than portrayed-BRRRR is not a cash flow strategy - you will end up with a break even property-if done right, you'll wait 3-12 months to get some (or close to call if you really crush it) of your invested cash backI know this wasn't your exact question, but I had this typed up for another thread and thought it was relevant herehope this helps
Ruben Ramirez DSCR Loan first time
15 May 2024 | 14 replies
Ruben,First time DSCR users have the same leverage as those who’ve used the loan type before.
Brittany Farrell Wind Energy Blade Company is Tenant in Default
15 May 2024 | 1 reply
This was a handshake type deal, and the tenant was paying just a couple thousand dollars a year for 5-6 acres of land where the tens is storing 204 old wind energy blades.
Sunkul Soni Tenant rights for a new Los Angeles renter
15 May 2024 | 7 replies
If you are wanting to find out if it is legal or not, check out Zimas.LaCity.Org, type in the address and go under permitting on the left hand side.
Christina Smith Hello Everyone! Newbie here
15 May 2024 | 11 replies
As for the future I hope to get a Heloc or other type of loan against it in the next few years to pay off the current owner and do more repairs.
Micah Loewen Stair code & tenant agreements
13 May 2024 | 11 replies
height is 112" and ideal length is 120" .
Roberto Rodas Key Factors To Consider
15 May 2024 | 8 replies
Multifamily Millionaire Book Bundle – BiggerPockets Bookstore I think by reading those you'll get a better sense of where you want to focus on multifamily and from there you can continue your focus on what type of analytics/underwriting makes sense.
Diane Conner Question about partnerships investing in properties
13 May 2024 | 2 replies
In addition, an S-Corp is not ideal for owning real estate investments. 
Jung-Jin Shim Is it worth investing? (attached my analysis)
13 May 2024 | 9 replies
Ideally, you should aim to at least break even.
Ryan Earl Selling our house - investors or realtors? (Please Help!!)
15 May 2024 | 35 replies
Hi there, I need advice and I thought what better of a place to ask than a place dedicated to the type of people I (think) I should be trying to find (to buy our property).