Desiree Rejeili
The BRRRR Strategy: A Comprehensive Guide to Building Wealth Through Real Estate Inve
24 January 2025 | 0 replies
Common sources of such properties include:Foreclosures: Homes that have been repossessed by banks due to non-payment.Distressed Properties: Homes that are in poor condition and need a lot of work.Auctions: Properties sold at auction for below market value.Off-market Deals: Properties that aren't listed on the MLS but are available for sale through direct outreach or networking.The key is to buy a property at a price low enough to ensure that even after renovations, the home will appraise for a higher value.2.
Monty Alston
Looking to unlock the equity in my house...
25 January 2025 | 2 replies
With 30 years of residential construction experience and having built several homes in the past few years, I bring a strong foundation in project execution and quality craftsmanship.Right now, I’m seeking lenders to help me unlock home equity for property acquisitions and to expand my portfolio.
Leon George
New to BP Community
24 January 2025 | 13 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Franky Na
Anyone have any insights on Multi-family investing in Amarillo?
22 January 2025 | 2 replies
We have many efficincies under management with a ~10% vacancy rate with prices ranging from 485-625 depending on location property quality and amenities.
Salvatore Ross
Ideal Property to Manage
25 January 2025 | 8 replies
I am a co-host in Dallas and Waco, TX and I have an idea of what types of owners and properties I want in my co-host portfolio----and with each client/property I learn which qualities are working for my business setup or what qualities I need to be working on to upskill.
John ONeill
What Makes a Contractor Truly Great? Let’s Chat!
18 January 2025 | 2 replies
I also like contractors that have packets that allow you to pick out the stuff that you want to use for that project, which reduces the quality control process..
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
Everything they do is quality.
Jerry Zigounakis
Best Growing Markets To Invest In
29 January 2025 | 14 replies
-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Rafael Ramos
Seeking Guidance and Strategies
11 January 2025 | 6 replies
@Rafael Ramos All your goals contradict each other:(1) Cashflow: buy Class C & D properties2) Appreciation: buy Class A & B properties3) Low Crime: buy Class A & B properties4) Why would you want your investments to lose money to lower your taxes?
Polat Caglayan
Detroit or Cleveland?
17 January 2025 | 27 replies
It's tough to give a definitive answer without knowing your specific investment goals (cash flow, appreciation, etc.) and preferred strategies (BRRRR, wholesaling, etc.).However, since I'm a Cleveland native and active in the real estate market here, I can offer some insights on why Cleveland could be a good fit:Affordability: Compared to many other major metros, Cleveland offers a relatively low barrier to entry.