Brandon Ja
Scaling with newer homes
21 November 2024 | 8 replies
and that price point is high for a 150k bankroll.
Phil Wrigley
Guesty / hostaway / hospitable?? Help!
8 November 2024 | 47 replies
I'm not bankrolling a large portfolio so the popular option to gouge smaller managers for a minimum $100/mo isn't a biz model I'm willing to support.
Avery Oblepias
Section 8 Tom Cruz
30 October 2024 | 16 replies
His subscribers are only succeeding at 1% of enrollees, and they have a bank roll to invest.
Account Closed
What Is the 70% Rule in House Flipping?
21 October 2024 | 4 replies
They might not be able to finance the entire purchase amount like other investors using hard money or private money, but they have been doing it long enough to build up a bankroll that can pay for down payments and repairs.Final ThoughtsThe 70% rule is more of a guideline, not a hard-and-fast rule.
Hadar Cohen
Should I Use Cash or Take a Hard Money Loan for My First Investment?
10 October 2024 | 9 replies
But if you wanted to do an entire project with cash, I'd say you'd not want the entire project cost (purchase + rehab) to exceed 100k so your choice in projects is much more limited and also now if something goes wrong like the GC sucks or the market crashes, you are leveraged out 85% of your entire bankroll.
Raphael Pangilinan
How to use our money
18 September 2024 | 10 replies
Hello Raphael, Its best to use Hard money for fix and flips until you can grow your bank roll.
Jack Hamm
How are you finding BRRRR Deals?
21 August 2024 | 9 replies
Your first few deals not only get your bank roll going but they also set you off on the right foot if you have success.
Will Sifert
Big changes to the way Colorado handles it's tax sales
22 August 2024 | 15 replies
So someone can just stop paying taxes and create a funding gap for our public schools, firefighters, and county road maintenance and now private investors & Counties are going to bankroll the cost and administrative overhead to sell their property at auction and give them back the net auction proceeds?
Julie Cope
Unusual purchase plan- discounted price for free rent. Feedback?
7 August 2024 | 3 replies
I would think you would need a pretty large bankroll to start with this as presumably you would take over any mortgage payments and maintenance and have no income coming in from it.
Michael Hoover
My first 18 loans on 5-year balloon. Is this bad and how should I pivot?
1 August 2024 | 2 replies
That would have been 9k of cash that I wouldn't have had to move into my next BRRRR, (that times my 18 loans would've brought my active bankroll down GREATLY). ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ As implied by this Post I am worried that my current loan structure is subpar to what I should be shooting for.