Amr Rashad
BRRR Investing in multifamilies strategy, holes?
Hi everyone,
Long-time lurker here, like many people Rich Dad Poor Dad got me hooked on RE over 15 years ago.
Unfortunately, I never put my plans into action.
As the title suggests, I'm planning on using the BRRR ...
Sam Leon
Insurance sucks!
What are you guys paying for insurances?I am looking at one insurance bill, just for one property and it's over $5000 a year. That one I have a mortgage on with a $980 monthly payment and my insurance for that proper...
Sunshine Chow
Property Radar Criteria Combinations
I am new to using Property Radar and was just wondering if anyone can share some of the criteria combinations or Quick Lists that they use in searching for off-market SFRs. I've been playing around with Absentee owne...
Andrey Budu
Can? and should I flip this house?
Hello BP, I got a potential wholesale deal and I would really appreciate your feedback and suggestions on it. So the house is in Maplewood New Jersey, off market. Owner wants 300k, Zillow has it as a single fam 3/1 an...
James Bradley
Need help with Business Plan?
Good morning Bigger Pockets Family!My name is James and I've been considering making this move for about 6 months. I am starting NOW. Based on some early information gathering, I decided I'm starting out 2020 with get...
Dulce Beltran
70% Rule: Does it Apply in Costly Markets
Hello BP community, I live and Sell Homes in San Diego CA. I stumbled upon this property, SOLD for $609,000 needed flooring, paint, kitchen and bathrooms (flipper refinished cabinets) then sold it for $709,000 two mon...
Adam Juodis
Estimating Monthly income for Coin Laundry
I'm looking into a 4-plex that has a coin laundry room. I was analyzing the deal, and I was wondering how to estimate how much monthly income would a laundry room bring in for a 4-unit multifamily property. How do you...
Fay Chen
Insurance or LLC?
In Podcast # 109, Scott talked about the limitation of insurance policies. Basically, from what I understood, the interest of your insurance company does not necessarily align with the landlord's. So when a claim is f...
Ronnie Woolbright
Late fees and month to month lease
HI all,I have a tenant (Texas) with an upcoming lease expiring and wondered if I can raise the late fee while going month to month? Does this require a new written lease or just a written notice regarding a late fee i...
Account Closed
How much does hard money cost?
I'm looking at using hard money for a rehab flip in Oklahoma City. What kind of interest rate, discount points, and other processing fees should I expect to pay? Thanks for any hard money or rehab advice!