Guillermo Perez
Rate my first BRRRR
8 January 2025 | 22 replies
@Guillermo PerezPositives:- Equity Built: You now have $70K in equity, which is a solid result for your first deal.Cash Flow Potential: If the property rents well and covers your debt service while providing some cash flow, that’s a win.- Experience: You’ve successfully navigated a purchase, rehab, and refinance, which are the core components of BRRRR.Considerations: - Budget Overrun: Being $27K over budget highlights the importance of tighter cost estimates and contingencies.
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
The only people that win with turnkey investments are the turnkey companies.
Ryan Mcpherson
Rent out house and bleed for a while or sell it and hemorrhage once?
16 January 2025 | 23 replies
Check with your lender and what they would require.Think of everything you can to make it win-win for the buyer.
Josh Duncan
Thoughts on 401K loans
8 January 2025 | 10 replies
Don't get me wrong the market goes up more over time then down but if you happened to take out the loan when the market was at a high point this would actually be a win for you.
Karma Abdula
Partnered Success in Arlington
31 December 2024 | 0 replies
Partnerships and smart financing made this deal a win!
Stephen Fleming
Newbie Plan. Thoughts?
14 January 2025 | 9 replies
I do understand that not partnering pushes back your timeline substantially...I'm in the slow and steady wins the race and stay small, own it all camp, though.
Wesley Peixoto
From private equity to real estate... excited to learn and connect
28 December 2024 | 6 replies
Plus, keeping things as simple as possible is always a win!
Mark Wright
Why Private Money Lending Can Be a Win-Win for Real Estate Investors
5 December 2024 | 3 replies
It’s a win-win: investors get the capital they need to grow their portfolios, and lenders earn competitive returns with a relatively low-risk investment.It’s worth considering if you're looking for more funding options or better returns!
Ananth Subramanian
Post Eviction Judgment
26 December 2024 | 7 replies
If they do, you're extremely likely to win and be paid from the bond.