Philip Calixto
BRRRR: When your cash out is too much.
11 July 2019 | 10 replies
Right now my biggest fear is how much to leverage as all CORF seem to require personal guarantors.
Jeff Faulkner
BRRRR Strategy Question
2 November 2019 | 6 replies
@Jeff Faulkner yes and no. of course it’s ideal to pull all of your invested money back out. of course that’s the ideal scenario but i don’t think it defines the strategy. to be honest i’ve done 2 brrrr’s this year and have done very well on them but i did not pull all my money back out. if you really get down to it, there was money that i spent above and beyond what the hard money lender reimbursed and also, i didn’t get back all of the interest at 9.99% that i was paying to the HML.i got a check for 19k at closing. i expected it to be more but am still happy. don’t forget to account for closing costs out of what you get back as that was a 10k hit for me both times. biggest issue for me with brrrr that is actually somewhat out of your control is the dang appraisals. all this talk about rehabbing a property and having the appraisal come in crazy high, yea i haven’t seen that happen.
Dannielle O'Buckley
Looking to Invest Out Of State
13 December 2019 | 56 replies
I've talked to many investors whose biggest frustration was purchasing what appeared to be a great deal but having limited professionals to manage and maintenance the property.
Nick Frostbutter
Moving to Groton, CT
7 June 2021 | 16 replies
As far as it being the biggest I'm not so sure.
Gerald Donaire
First property journey
22 August 2019 | 6 replies
The biggest educational part of this deal is that I'm learning how to budget, schedule, and work with other contractors as if im the GC, goes hand and hand with flipping homes(which I aspire to do).I would love for more feedback any questions.
Toshiki Hoshino
Self Directed IRA - Mobile Home Park Investing
12 May 2021 | 25 replies
The biggest problem is coming up with the cash to buy one.4.
Al Carlo Agustin
Edmonton real estate investors
6 April 2019 | 5 replies
Get to know what locations and types of real estate interest you and build from there.I also highly recommend networking and going to group meetings.There are many Real Estate investment groups in Edmonton, the biggest is Edmonton Real Estate Investors Association Monthly Meetup, which is the second Wednesday of the month.
Nicholas Q.
Using Virtual Assistant as a Property Manager
23 September 2021 | 10 replies
I personally fell down the self-management rabbit hole back in 1999, and it's the biggest regret of my entire investment career.
Louis Roggeman
Building multiple small structures on vacant land
2 June 2019 | 1 reply
I see that the biggest problem is finding a plaze thAt allows this kind of thing.
Tony Roberts
Wholesaling with Honesty?
18 March 2020 | 61 replies
As a cash buyer I am thinking that I should be the one taking the biggest profit since I have most skin on the game and I am taking most risk.