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5 July 2017 | 5 replies
@Lee CruzPros to the BRRR strategy are getting your feet wet, dealing with the ins and outs of your first real estate experience, dealing with people on personal level, ability to cash out refinance, and reinvest.Cons to BRRR are dealing with bad contractors, under estimating repair cost, going over budget, unforeseen repairs, market trends just to name a fewPros to partnering I would think are (assuming they are more experienced, if not....then don't do it) learning from their previous expertise and experiences while having your ball in the game as well, ability to analyze the properties and get feedback, less likely to have unforeseen repair cost, more likely to stay in budgetCons to partnering are less cash flow for you, potential conflict if contract is not laid out precisely describing each members roles and expectations, I am sure there are more but thats what popped up in my head.Hope these somewhat help and best of luck!
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13 January 2022 | 0 replies
Hi BP Fam,Formulas, market trends and the economy oh my.
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13 January 2022 | 0 replies
Months Supply of Inventory wasdown 50.0 percent to 0.8 months, indicating that demand increased relative tosupply.Looking ahead, experts anticipate many of the housing market trends of 2021 willcontinue in 2022, albeit at a more moderate level.
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18 January 2022 | 4 replies
(Side note: I did not have trouble leasing a duplex, which one unit only had on street, but this was a residential street where every other house on the street had driveway access, so there was always plenty of open parking).As for stainless steel, I would argue design trends are moving away from traditional stainless.
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14 January 2022 | 3 replies
I have costed a typical 10x10 bedroom trim, paint,electric fixtures, light fixtures door knobs hinges etc... so that I have a ballpark per bedroom I can put into my budget.no perfect method with out decades of experience and great awareness of current price/ trends
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20 January 2022 | 2 replies
To Receive Additional $17.7 Million In Federal Rental Assistance FundsKeep up with issues specific to the region with @Russell Brazil and Jack Seidens' DC Real Estate Podcast (Episode 8 has a great review of the renting-by-the-room strategy) and the latest sales trends with @Cassidy Burns' D.M.V.
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26 January 2022 | 22 replies
In addition to good cash flow and COC return, look at the long term economic and demographic trends.
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24 January 2022 | 2 replies
., was one of the beneficiaries of this trend, with in-migration contributing substantially to the metro’s stability during the past 12 months.
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27 January 2022 | 6 replies
Also, I am lately seeing a trend of flippers painting the brick white when selling a property, it seems to make properties stand out and sell faster and the old-fashioned me was wondering what everybody's thought about this?
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22 January 2022 | 7 replies
Interest rates have been on a downward trend for years, but everyone one is talking about them going up this year.