Eric Tallarita
Connecticut Multi Families
13 August 2019 | 5 replies
I'll go there at night and walk it if I'm concerned.
Melissa N.
Jake and Gino Event?
22 November 2019 | 31 replies
There is a local multifamily meetup tomorrow night in Winter Park.
Emily Hill
Help! Unsupportive fiancé
19 August 2019 | 33 replies
Many lonesome nights living back at home with my parents at the old age of 38 in my old bedroom where I grew up , and many prayers did I realize that I failed my family and myself.
Robert Freeborn
Business and development lot for sale: how do I finance it?
23 August 2019 | 1 reply
@Robert Freeborn bump because I posted this late at night!
Derek Armstrong
What is the Vote icon?
23 August 2019 | 2 replies
It doesn’t keep my awake at night or anything just wondering what it is for?
Scott Galloway
Risks of BRRRR in Canada. *mortgage rate increase
5 September 2019 | 12 replies
Might be higher than norm but you can sleep at night
Matt Pastier
First BRRRR and first multifamily deal was a success!
26 August 2019 | 25 replies
If he had signed the contract that night, we would have had ended up in the same place (just 4 months sooner!).
Chase Maher
Should I Fix and Flip OR BRRRR
23 August 2019 | 2 replies
Take the flip profits now, or BRRRR with a great interest rate and some cash flow... doesn't keep me up at night bc both options are great, however I want to maximize my time and profits.For any multi-units I am heavy in the BRRRR category, but I have a couple San Diego condo deals I am in contract on now and curious the thoughts from BP on which route is better... and I typically don't like holding condos long term due to the HOA and the low ceiling on cash flow, but another perspective I have heard is how easy they are as a rental.I got in to this for long term wealth #1 and short term profits #2... just an FYI.Condo #1:*This deal is under contract and ready to close in a few weeks using HM at 85% of PP and 100% of Rehab with 9/2.PP: $155,000Rehab: $30,000 - $32,000ARV: $260,000 with upside as nothing has sold in building in 2 yearsHOA: $300 a moRental: $1750-$1800PITI w/ HOA from Refi ~ $1,500Minimal VacancyBRRRR Pros: In a predominantly rental area, can 100% BRRRR and hold for $250-$300 a mo cash flow.Flip Pros: I'm licensed so it'll only cost me about 4% cost of sale Condo #2: *This deal is in negotiations with bank for Short Sale using HM at 85% of PP and 100% of Rehab with 9/2.PP: $150,000 - $200,000 (Discrepancy because we are negotiating... starting at 150k, closer to 200k will lean me towards flip vs BRRRR)Rehab: $28,000 - $30,000ARV: $295,000 HOA: $388 a moRental: $1800PITI w/ HOA from Refi ~ $1,600 or less, depending on purchase price/refi priceMinimal Vacancy, Brand new hospital being build walking distance, less cash flow but better area than Condo #1BRRRR Pros: In a predominantly rental area, can 100% BRRRR and hold for $200-$300 a mo cash flow.Flip Pros: I'm licensed so it'll only cost me about 4% cost of sale---TL;DR - Are condos good for BRRRR or better to flip and keep my rentals as multis or high cash flow SFR's
Patrick Michaels
Nicholson Corridor Baton Rouge
1 September 2019 | 8 replies
It's definitely not safe to walk around at night.
Paul Sandhu
Do you put things you find on the side of the road in your STR?
1 September 2019 | 13 replies
I'm charging $300 to $500 a night so I'm not finding anything on the side of the road that I have used.That tree looks nice though.