Kaydn Jensen
Steps to a Successful BRRRR
Hey BP,
I wanted to reach out and pick the BP brain on the BRRRR strategy. I understand the basics (or at least I think I do). Buy an undervalued propert, rehab it, force some appreciation and then refinance for 75 ...
Jay Mat
70 percent rule on rental property.
Hi I would like to know if the 70 percent rule applies also on rental property's?
Juliana Limones
Building vs. Buying Mobile Home Park
I am purchasing a 2.6 acre land in Texas to get a few mobile homes in and start my mobile home rental business. I would like to have newer MH and options between single or double wide. Would like to make it more like ...
Jennifer Kessler
Out of State BRRRR Experience
Happy weekend! Curious who is doing out of state BRRRRs. I live in San Diego and don't quite have the capital to do a BRRRR in this market. Obviously finding trustworthy contractors is key which is the part that makes...
Anthony Benjamin
Newbie: Buying a property for the equity
Hi Guys,I am very interested to start investing in real estate. After trying to get my education first by reading Real Estate articles, hearing a lot of Bigger Pockets’ podcasts, blogs and a couple of Rich Dad’s audi...
STEPHEN YUAN
Who is right? Who's the crook?
Guy 1: My mentor offered a Duplex R/E option to me at 17,000 with purchase price being 85,000. It is located at Del Rio, Tx 78840. Basically here's the numbers he told me:$85,000.00Investment$17,000.00Rent$1,3200.00in...
Mat Deveaney
Theoretical Flipping Discussion
Just trying to start a little discussion here:
Do you think it is possible to theoretically flip any distressed house in someway and at least break even?
I always hear that you can lose money on a flip very easily ...
Ryan Kawash
Investing in my first rental property not close to where i live
Hey guys! So I have a question, my goal for this year (2019) is to close on my first investment property, more specifically, a small multi-family building. I live in the Hudson Valley in NY. I've looked around my a...
CJ M.
How much cash reserve is too much?
Hello BP,Curious about something. Most of us have heard about the 50% rule, or saving a % of gross rents for things like repairs, capex, PM, vacancies, etc. At what point do you determine you have enough cash saved up...
Mary R.
30 year old furnace
The gas furnace in a house I'm buying is 30 years old. From what i've been told by neighbors, and from what I see of the building--haven't had it inspected yet--the owner had it 26 of those years and took good care o...