Sarkis Boyadzhyan
Can anyone explain the concept of BRRRR?
Made up example:(Using a private lender)Purchase price= $60,000Repairs= $15,000Closing costs= $4,000ARV= $120,000Loan amount after refinance @ 75% LTV= $90,000Closing costs/interest after refinance= $6,000What was the...
Kent Kettell
Advantages and Risks of Leverage
What are the risks of using leverage in real estate investing? Are there any advantages to it as a borrower/lender?
Joon Hui Yoon
the best location for duplex/triplex/quadplex investing?
Hi all,I am going to start investing in rental properties from this fall/winter 2023.I have a full-time job and will keep it so my strategy will be as passive as possible, such as buy-and-hold.with 7.5% mortgage and m...
Account Closed
How do you buy multiple houses a year?
I already own 1 property...my 1st house. I will be renting it out soon. If all goes well I'd like to continue to buy more homes, but I'm confused as to how people buy multiple properties a year.Do you have a business ...
Patrick Hubbard
Lease Agreement Help
I need some advice. This is my first rental property, and I need some advice on filling out the lease agreement. What advice would you recommend? I live in Texas
1. They have three small children. Do I list them unde...
Jimmy Chao
Flooding in crawlspace. Other solutions besides encapsulation?
My crawlspace is constantly flooding from heavy rain. From what I've been told, the soil in the region (Kansas City) soaks up water, which is how its getting in crawl space. A foundation/water proofing guy told me the...
Bruce W.
maximize 401k contributions?
I have been contributing the maximum to my 401k account, including the catch-up contribution for those over age 50. My contribution far exceeds that needed to get the maximum company match.
I wondered if this...
Ron Mussatto
"AS IS" offer but include inspection contingency
Of course an AS IS offer is attractive to seller and increases my opportunity for more deals. But how do I present an AS IS and include a inspection contingency? Secondly, when I have the contract, how can I come ba...
Account Closed
Rent-to-own dangers / cautions
Though I have rented accommodations before, I have little experience in Rent to Own. I have a young nephew who is looking to Rent to Own a small home in Mexico, and he is asking me about what kind of contract terms sh...
Emilie Adamovic
Tax Deed Auction, am I missing something?
Hey BP I am an investor in Northern New Mexico and have a tax deed auction question. In my county they post the list of properties that will be up for auction at the tax deed auction ahead of time. I have been using d...