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7 March 2020 | 6 replies
To me that sounds more like "Advance to go, Collect $200!"
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18 November 2018 | 19 replies
Growth is quite staggering in this area, and with the new industries opening up we are seeing a lot of jobs flooding into the area.
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11 October 2018 | 0 replies
Thanks in advance!
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6 November 2018 | 5 replies
Hello again BP membersI have recently discovered how to pick up not so bad REO SFR’s to flip and rent out (or flip and sale .. not my thing though) with basically using the brrrr methodMy question is more of which is better scenario to be inif to pay down my primary residence and then have (easy numbers) 100k available in HELOC moneyOr have 100k cash money laying thereAnd then after having such funds available (easy theoretical numbers)Go out and Find a REO SFR for 50k Needs 25k in repairsAppraises and ARV comes back at 100kAnd will rent out for 1400-1200 a monthCash out finance 75k (75% LTV)Pay back your self or helocAnd repeat process overNow my immediate goal is to reach 15k PASSIVE income but i want opinions on how to get there faster and with this idea i have seen a few examples of in older threads but not alotThanks in advance!
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18 October 2018 | 14 replies
@Matt Gilroy I would agree with @Alexander Felice...our Achilles heel in this industry is turnover...tough to keep good tenants when they may deploy at any moment or be relocated every 6-months.
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9 August 2019 | 2 replies
Thank you in advance to any help and advice.
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11 October 2018 | 1 reply
Reno has been considered a hot market for several years due to the tech industry spilling over from the Bay Area.
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13 October 2018 | 13 replies
Best of luck as you learn more about the industry and work your way through your plan!
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12 October 2018 | 6 replies
This is consistent for most guidelines (state, industry, federal).