
6 October 2021 | 3 replies
The house was purchased for 203k, our remaining mortgage is 191k, and the current market estimate (although not an official appraisal) is 276k.Our goal is to accumulate properties through the BRRRR method, and as I see it, we have two avenues through which to do this:I can simply use the money in my account to BRRRR.I can pay off my rental property in Beaumont, TX, and utilize a HELOC to BRRRR.I know that most people will say that they never want to pay off a house due to the tenant paying it off for you, and the difference in percentage returns that you get based off of appreciation, tenant payoff, etc.

5 October 2021 | 2 replies
First I was going to build the capital using other methods of real estate investing but I was wondering if just getting an SBA or some other loan for my LLC in order to gain some debt capital and use to purchase rental properties with the BRRRR method.

6 February 2022 | 19 replies
My plan was to follow @Brandon Turner's "Stack" method and acquire a property each year to build my portfolio.
21 November 2021 | 7 replies
Depending on your method, I'd steer clear of this direction.

15 October 2021 | 7 replies
I ask them for the best method of communicating (email, text, phone call, letter) and put that in the notes.

9 November 2021 | 2 replies
This is actually how we got started BRRRRing and it is also my favorite method.

8 October 2021 | 5 replies
Hello Memphis BP, I just wanted to share that I finally completed my first BRRR deal sorta.Purchase Price: 76k (I bought this property from a rehabber in 2019)Purchase Method: CashMonthly Rent: $1,150Appraisal: 190kCash out Refi 120k (minus 7k for closing cost plus points) cash in hand was roughly 113What I learned during the process: Important to show income on your taxes I have a W2 so not having my properties on my personal w2 did not kill me but if you're a full time investor trying to not pay taxes or showing properties as a lost may hurt you when trying to refi.

9 October 2021 | 2 replies
Whats a couple good methods to determine local storage unit vacancy rates to analyze the need for more units in a market?

14 October 2021 | 4 replies
However Deferred Sales Trust are one method of doing this.