Jim Hiler
I can't get my BRRRR numbers to work...
12 April 2018 | 5 replies
These include loan payments, tax, insurance, utilities, etc ... incurred during the Rehab phase up until the property is fully rented.Jim you will find Cash Flow amounts are usually lower using the BRRRR strategy compared with normal Buy and Hold deals.
Jeff Spector
BRRR strategy question
11 April 2018 | 2 replies
(House-A)I want to buy another (House-B), and then sell House-A.My lender has pre-approved me or a mortgage for another house (House-B), without requiring me to sell my current house, (House-A)I want to do a BRRR and buy House-B with hard money , renovate and then utilize the mortgage to lower the interest rate and pull out most of the initial investment.If I borrow from the hard money lender, will that reduce my borrowing power for the new mortgage?
Molly Morlino
RV and Boat Storage in central Texas
26 April 2018 | 8 replies
We're looking at more land about 20 minutes west of San Marcos, TX.
Robert Adams
Love it or Hate it? Opendoor, Offerpad, UpNest, Zhomes, etc
27 April 2022 | 6 replies
This property had no issues, the market was already slightly favoring sellers, and I only wanted to find a good (enough) agent for the lowest possible commission.I believe I had a choice of 3 or 4 agents within minutes of giving my info to Upnest.
Amy Hu
Flying to CLV next week, looking to network
3 July 2018 | 21 replies
The meeting itself is usually interesting, often with useful topics, but the first 45 minutes to an hour is usually a sales pitch for why you must join REIA, and how great the benefits are and how foolish you would be if you did not join.
Paul Pacheco
Where to look for buying homes in San Antonio
20 April 2018 | 8 replies
But you will need to have money to make the interest payments each month, pay Utilities and such.
Jonathan Edmond
First timer with a need to know basis.. need help
12 April 2018 | 6 replies
Utilizing a HELOC is often a good idea so long as you purchase a cash producing asset that has returns higher than the cost of the HELOC interest.
Tim Kunz
Water Bill Increase nearly 150% in 1 month
11 April 2018 | 1 reply
Hi @Tim Kunz, when I pay utilities for my tenants and then bill them back, I told my PM to always send them a copy of the bill so they know why I am billing them X or Y.
Cody McVay
Introduction and starting out
13 April 2018 | 10 replies
Cody McVay get that degree and get that good job to save up 20-30k to get started and quit in five years.
Leland S.
Solo 401k funding, payroll tax tradeoff of single member LLC
12 April 2018 | 4 replies
This is another good option if I intend to utilize my 401k plan for investment.