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5 September 2016 | 3 replies
Many times my contactors call for big orders from Home Depot or Lowes so I can pay with credit card over the phone.Is there a way to get an account with HD or Lowes so they can put supplies on it?
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11 September 2016 | 21 replies
Cash offers are at the top of the pile, then large down payment conventional, then low down payment conventional, then fha/va, then fha 203k/rehab loans are at the bottom.
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25 March 2017 | 5 replies
Hello BPWe are in need of a handyman to take of small general maintenance issues.
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12 April 2017 | 16 replies
I dont know why it appraised so low when I bought it, i was just happy to get a better return.
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8 September 2016 | 9 replies
We tried sending out a large amount of low offers and received the same results.
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7 September 2016 | 5 replies
Finding a lender that has a low or no seasoning period is something to track.
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2 November 2016 | 12 replies
I found a great SFR in a very friendly family neighborhood built in the last 25 years (less maintenance risk).
7 September 2016 | 4 replies
Though - the main reason people use the BRRR Strategy is because it allows you to do a "no or low" money down transaction.
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7 April 2017 | 22 replies
I average $500/unit in cash flow (each 4 unit building gives me between $2000-3000/month in cash flow after paying mortgage, taxes, insurance, maintenance, utilities, cap-ex reserve).
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9 September 2016 | 4 replies
Here is a blog where I wrote about a recent 42 unit we bought and did creative things to add value. https://www.biggerpockets.com/renewsblog/bought-multi-million-dollar-apartment-complex-age-26/Just a few ways to produce ancillary income:- Laundry Coin laundryDetergent/laundry essentials in a vending machine in the common area laundry rooms.Rent individual W/D to each unit-Parking Garage parkingCovered parkingprime spot parkingJust plain old charge for parking-Renovations Interior units upgradesCommon area renovationExterior upgrades for curb appeal-Vending machines In common areas such as exercise room, pool house, laundry or leasing office-Trash pick up service In high-end buildings they have a service where you can set trash outside your door and for a fee maintenance will go around each night and collect it so the resident doesn't have to carry it to the dumpster.