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10 December 2020 | 2 replies
. * I'd also like to know about credit scores you accept/reject for this model since this is likely to appeal to those who have good jobs but are climbing back from bad credit scores.
11 December 2020 | 2 replies
My wife and I are planning on having kids soon and the idea of cash flowing monthly to supplement her income while she stays home more with the kids and to reinvest that cash flow appeals to us.
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13 December 2020 | 11 replies
If the siding on the back & sides of the house are in good shape I would consider just painting the existing siding and then spend your savings replacing the siding on the front elevation & adding curb appeal.
14 December 2020 | 4 replies
There is a nice appeal to me of saying, "here's some money. you're the expert. let me invest it with you and you do your thing and I'll make some money."
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11 December 2020 | 0 replies
BRRRR seems like a great way to do that, and I would love to find people who've used this strategy with success in the MSP area who are willing to share what a deal looks like and give me some clarity on the start-to-finish so that I can try and visualize how I get to my goal more clearly.Happy to help in any way I can for anyone who's willing to share :) thanks again, from a new investor.
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14 December 2020 | 4 replies
This is why many investors refer to what I just described as 'infinite return', and is one of, if not the most appealing components of the BRRRR strategy.The example I gave is of course simplified, but I hope it adequately conveyed the concept.With regards to what the initial financing would look like, rehab lenders will typically finance a portion of the acquisition and then 100% of the construction on a 'reimbursement basis'.
15 December 2020 | 1 reply
It abuts george washington national forest and is very appealing.
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15 December 2020 | 6 replies
The most appealing approach for me is the BRRR method, although I am open to other opportunities as they present themselves.
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14 December 2020 | 7 replies
Paint is cheap and adds a ton of appeal, not only in general but more specifically to potential new tenants down the road.
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6 November 2021 | 42 replies
Homestyler is good for doing layout and visualizing.