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1 January 2022 | 3 replies
Kari,The two methods I have used,1.
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24 January 2022 | 1 reply
Im still deciding wether i should start with a flip or a BRRRR.
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3 January 2022 | 17 replies
Yes, he realizes there is a short term opportunity cost in that he could be charging a higher rate to retail customers, but the upside of the profit from the flip or equity in a BRRRR outweighs that.To me if the contractor partner started marking up his labor like a regular job it would be no different that the money partner starting to charge additional interest on they money put in or charging fees for borrowing for other sources.
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2 January 2022 | 5 replies
If you can BRRRR going forward, you should theoretically be able to pull some, most, or all of your initial capital depending on how good the deal is.
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2 January 2022 | 3 replies
Hello everyone and happy new yearI’m going over a single family brrrr and wanted to get your opinion on the refinance part as that’s what I’m analysing.I would be leaving roughly 14-18k in the deal and after paying expenses which include the following ( management, %4 vacancy, 4% maintenance, insurance, property tax, income tax) I would be left cash flowing $250-270. probably not attractive for the seasoned investors but for me it’s pretty decent?
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2 January 2022 | 1 reply
I just completed my first BRRRR.
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6 January 2022 | 14 replies
I have a partner who is killing it using the BRRRR model.
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2 January 2022 | 2 replies
Im trying to buy my second rental but given the current market I want to make sure Im not going to be over paying for a property since im using the BRRR method.
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16 March 2022 | 6 replies
I live in the Comox Valley but have been investing in both Victoria and Comox Valley for the past 7 years, condo and multi-family, naturally fallen into the BRRRR and house hacking methods, looking forward to adding more to my portfolio in 2022.Just wanted to start a new forum for anyone who might have questions about real estate opportunities on the island!