Purchase price: $40,000 Cash invested: $15,000 Contributors: Maria Talasz Buy, Renovate, Rent by the Room, Refinance (coming soon)...This BRRRR deal was inspired by the 2023 Bigger Pockets Real Estate conference in Miami after seeing David Greene repeat so many great points about house hacking.

Are you buying it with cash and can you provide a proof of funds?

Purchase price: $500,000 Cash invested: $125,000 Bought a 3 unit property 10 mins away from me!

LLCs are way overrated for new investors as you would need to buying cash or commercial to get them in an LLC anyway.

So, for Cap Ex, Maintenance, & Vacancy a typical amount to budget is 5% of rental income for each or 15% total.

What the seller might do is negotiate a shorter amount of time allowed for the inspection to be completed.

YES, you can still achieve cash flows of 7% to 10% in the single-family residential (SFR) sector.If you want to learn more about these opportunities, don't hesitate to reach out.

My PM used to use a software rentec, and rentec would give you a running tally of cash in/cash out across your whole portfolio. 

Look for both cash flow and value add.4.  

If he's showing you low then it's that amount or lower.