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I have been running a number of BRRRR deals and would love some insight. I am finding that most deals have a significant negative cashflow in year 1 and while the COC is showing 7% when I look at the deal from the ma...
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I have a deal I can buy at $699,000, the rehab will cost me $50,000 - $75,000. The ARV is $900,000 - $1,000,000. I need help figuring out:1. Purchase Closing Costs - I think this is around 1-1.5% of the sale price. C...
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I’m evaluating a deal for a buy-and-hold duplex in a stable, desirable area in a midwestern college town. The neighborhood is outside of the typical student rental perimeter around the University. The sale is being ...
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How do you know a rough ball park of how much a contractor is going to charge before asking them to come out & bid the work? What signs do you look for so that you don't waste their time or yours when their pricin...
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In 2021 I purchased a couple of single-family rentals. After nearly 3 years of operating history, I'm concerned that the properties are not performing well enough to warrant continuation of the venture, and I'm consid...
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I've done a lot of investigating and found that if there is one thing that will kill a real estate investor, it is CapEx. CapEx has been dubbed the "Silent Investor Killer" because many investors don't a lot enough to...
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Hello everyone,
My name is Mike Rethis, and I'm brand new to the Real Estate world. If you read my bio, you will learn quickly where I am at in my journey to the unforeseen future. After just getting my agents licens...
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Hey guys, Wanted to drop this deal I just closed. I've been chatting in DM's with so many who want to get started with investing in Detroit. Doing things a bit different now. I've learned my lesson about relying on tu...
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So today I got a lesson in how realtors work in Texas, or at least in the Austin market. I was more than a little surprised at how they do things and I'm trying to figure out if it's because of some silly regulation, ...
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Hello!My name is Jonathan Atkins. I am looking to buy my first home and hold out in the Colorado Springs area. I have used the BiggerPockets rental property calculator however there are some questions I have about F...