Gil Ferro
Does BRRRR count as a "simple" strategy?
25 November 2017 | 8 replies
I am paraphrasing, but he warns against complicating the process which is based on simple math.Part of the 7yr guide asks us to buy cash flowing multifamily properties at 20% of value (with 20% down) and then force 10% equity.That is the quick backstory, now for the question:Does the BRRRR strategy enhance or hurt the plan laid out in the 7yrs to 7 figures guide?
Account Closed
New Buyer to Austin
30 April 2020 | 23 replies
I like to know and be at peace when things get bad like a recession or Covid-19.
Mak K.
Landlord insurance premium 80% high
29 August 2022 | 13 replies
In a soft market, insurance carriers (as a whole) are quoting policies with broader coverage, more coverage enhancements, aggressive premiums, allowing lower deductibles, and less stringent about underwriting details.
Emily Landers
Newbie from Boca Raton, FL
28 September 2016 | 14 replies
People on here will be happy to guide you through and give you peace of mind as well.
Account Closed
Snowball Payoff 10 SFRs in 7.5 years for $110k cash flow - advice
7 October 2015 | 33 replies
But in this long-run, the additional cash flows from the properties (due to no mortgage payments) will enhance the liquidity position, by supplementing the amortization of these reserves more completely.
Mary Lou Moffat
New to BP- wholesaling in Indianapolis
18 December 2016 | 9 replies
What Marketing Strategies do you employ, to enhance exposure, for selling properties?
Will Barnard
Starting out at BP, Fear of Posting
1 February 2011 | 30 replies
Participation can lead to valuable connections that can enhance your ability to succeed in RE investing.
Michael K.
Bi-Weekly Rent Payments
26 February 2018 | 11 replies
Not after accidentally spending it on other stuff throughout the month.I've experimented with including as much as possible in the rent, then collecting biweekly, to offer peace-of-mind to the tenant and take some of the budgeting load off of them.
Steven Barros
If you got paid 300k to quit your day job what would you do?
7 November 2016 | 65 replies
It's about the opportunities to change or enhance the lives of others.It's what I do on a small scale now but just imagine how big an impact that would be with time and resources.
Debra Muth
Depreciation why sell
23 September 2015 | 3 replies
The 'stepped-up' basis.In the BP sea of debt to your eyeballs and 'equity stripping' through cash-out refi's (and the thousands in fees and myriad of headaches), I am one of the few ok with paying the property off and living in peace and cashflow with keeping the property and tenants I know.