I have been watching the markets for the past year or so looking for a property that I can use the BRRRR method on, but what I have been seeing is that the homes that require work are selling for WAY more than they should in their condition.

The ones I manage total to 20 bedrooms.These rooms rent for between $125 to $225 per week depending on room size and amenities in the room (beyond basic amenities may include: Desk, Tv, private entry, tenant controlled AC, additional storage).This month after padsplit takes their 14.25% cut of the revenue I am recieving, from the units I own, $15,230 from 3 homes.

If there is little to no equity, the borrower may not be able to sell the property on the open market because it would require cash at closing. 3.

Can the seller sue?

You could pull some cash out to do the renovations and then refinance on the ARV once its done in 6 months and take out more cash to buy another investment home or rent that one out and buy a New primary home.If you have any questions on the steps or the process feel free to reach out or send me an email. 

Hi Everyone, Does anyone did the "land profit wealth" by Jack and Michelle Bosch? 

can't view the link you posted.

She was referred to me through the consultant, and I can confidently say that hiring her was the only good decision that came out of that experience.Melissa's level of care, expertise, and communication was truly next level.

The buyer finds out too late into a DD period that the insurance company will require the panels to be replaced, and the buyer ends up trying to negotiate with the seller.

So if you had 3 rentals with losses and 2 rentals with gains, the losses from the 3 rentals would offset the other 2 rentals and the rest of the loss would be carried forward to offset other passive activity losses in future years if applicable.