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14 January 2022 | 2 replies
I’m in the process of flipping a ranch with a basement 1300 sq ft upstairs- with space off the kitchen - not sure if I should move laundry upstairs- it will require new hookup/plumbing - basement will be fully finished but I was thinking of older buyers ?
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23 January 2022 | 3 replies
We've grown our portfolio up to 22 units and have a mix of tenant payment methods: manual cheques (fun), e-transfers, bank counter deposits and some have done PADs at their local branch.Our challenge has become with the PADs, we don't see any information about the source account owner - our statements just show TransferXYZ to Account ABC or similar vague transaction information.We have about ten units that all pay the same amount and thankfully only a few are on PADs but if we have one that is late - we never know who it may be until we do the dial-around.Is there another solution out there we should be directing these tenants to be using?
30 January 2022 | 2 replies
I purchased my first investment home a little over 2 years ago for 37k that I have put substantial work into (all new electric, all new HVAC, plumbing etc).
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30 January 2022 | 4 replies
Do you know how to look for updated electric and plumbing?
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30 January 2022 | 0 replies
$53,700 complete rehab that included, among other things, a surprise $7,000 foundation repair, new roof, new AC, new water heater, whole house new plumbing, remodeled kitchen and new appliances, remodeled bathrooms, new paint inside and outside, new floors, new landscaping...
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30 January 2022 | 0 replies
We have followed the BRRRR method throughout, and always refi'd into the 30-year FNMA/FHLMC backed products; always in separate names to allow my wife and me to maximize that cheap money (you can each do 10 loans).
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30 January 2022 | 3 replies
I dont have airDNA and I have been using mostly the enemy method and emailing superhostsThanks!
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2 February 2022 | 4 replies
Hi Carlson, typically this time of year is the worst time to rent units, however I’ve had some pretty good success with winter time leasing because I’ve certain methods that I’ve employed in order to get rentals rented fast and then managed efficiently.
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1 February 2022 | 4 replies
My initial investment goal is to do a few flips for immediate profit i order to be able to pay off student loans, then pivot towards the BRRRR method for long term cash flow.
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31 January 2022 | 1 reply
I have read David Greene's BRRRR method book and am contemplating whether to save up for BRRRR or utilize the FHA Loan.Any preference on FHA vs BRRRR method for first property?