Daniel Soovajian
Question about closing costs
Hello!I have a question about closing costs...I've reached out to 4 lenders and secured pre-approvals with each to compare their rates, fees, etc.For a 25% down payment with 1 point on a $200,000 investment property, ...
Dan W.
Hidden Costs To My First Duplex?
I am looking at pulling the trigger on buying a small duplex in Baltimore Maryland. Rough numbers are $95k sale price, and rent looks like about $1000 for one unit and $800 for the other unit as is with no up front co...
Dusty Bowling
HELP ON EVALUATING 15 UNIT APARTMENT!!
Hey everyone I’m looking to purchase my first complex . A little background on myself . I’ve been investing for over 20 years . I’ve flipped around 60 single family houses and have built 12 new builds. We also have 25...
Jonathan Taylor Smith
Insurance - To file a claim or NOT to file a claim?
One of my rental properties suffered water damage and I'm wondering if I should file an insurance claim or just eat it...? I've never filed an insurance claim on a rental property, so I do not know what impact filing ...
Hayden Prather
Got a question about the brrrr strategy
So I dont think I’m thinking of this correct so I have a question for more experienced investors. How would I determine what I could spend on a certain deal or how to find out if you can get all your money back or mor...
Aaron Cox
1% Rule for Evaluating Properties
I am extremely new to this world and trying to figure out how to analyze potential properties. I keep hearing and reading that your monthly rent should be 1% of the purchase price to ensure that the property cash flo...
Jim Butterfield
BRRRR home pricing?
If a house has an ARV of $150k and currently needs $45k of work, is there a way to come up with a price? i know every seller is different. some think there trashed house is still a Gem and want premium dollar. How do ...
Derrick Deese
Completing my First BRRRR - Details Below!
Investment Info:
Single-family residence buy & hold investment in Columbus.
Purchase price: $50,600
Cash invested: $25,000
This was my first BRRRR. I found the property online at auction.com a...
Chase Whitney
[Calc Review] Help me analyze this deal
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*This link comes directly from our calculators, based on information input by the member who posted.
Bret Blackburn
Rehab for a buy and hold
According to BRRRR strategy this home wouldn't work. But I wanted to hear the feedback from the forum. I'd be buying to hold and rentingPurchase Price $145KRehab $25-$30ARV $190KRent $1700I have a lender that will lo...