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23 February 2022 | 29 replies
We also went ahead and redid the plumbing.
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6 October 2021 | 3 replies
The house was purchased for 203k, our remaining mortgage is 191k, and the current market estimate (although not an official appraisal) is 276k.Our goal is to accumulate properties through the BRRRR method, and as I see it, we have two avenues through which to do this:I can simply use the money in my account to BRRRR.I can pay off my rental property in Beaumont, TX, and utilize a HELOC to BRRRR.I know that most people will say that they never want to pay off a house due to the tenant paying it off for you, and the difference in percentage returns that you get based off of appreciation, tenant payoff, etc.
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5 October 2021 | 2 replies
First I was going to build the capital using other methods of real estate investing but I was wondering if just getting an SBA or some other loan for my LLC in order to gain some debt capital and use to purchase rental properties with the BRRRR method.
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6 February 2022 | 19 replies
My plan was to follow @Brandon Turner's "Stack" method and acquire a property each year to build my portfolio.
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9 October 2021 | 27 replies
I can't tell you how many real estate investors waste money on things that they could do themselves (minor carpentry, electric or plumbing can cost a fortune).
21 November 2021 | 7 replies
Depending on your method, I'd steer clear of this direction.
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15 October 2021 | 7 replies
I ask them for the best method of communicating (email, text, phone call, letter) and put that in the notes.
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6 October 2021 | 0 replies
New roof, electrical, plumbing, kitchen, floors... you name it.
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9 November 2021 | 2 replies
This is actually how we got started BRRRRing and it is also my favorite method.