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I am wondering if building would be better than buying. I live in Portland Oregon and the cap rates for multifamily are around 5-6% max.
My idea is to buy some land, and build a 4-plex on it. House hacking on one of...
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Hello BP Family,Happy Sunday and I hope all is well. What would be your advice to someone that is interested in using lines of credit to start a fix-n-flip business? Here is my mindset on how the LOC process starts, h...
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Hey BP! I bought a house at a foreclosure auction at the court house steps last year. I thought it was a great BRRRR deal since I bought for 50K and it has a ARV of 205K, however I wasn't expecting the inside to be as...
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Hey BiggerPockets!
I was absolutely blown away by the amazing responses, encouragement, and detailed questions from my first BRRRR post, so I figured I would share our journey on a recently completed BRRRR deal.
Bac...
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This is a brief overview of how I went from a family business employee (with 7 children), only earning 60k/yr, filing bankruptcy in early 2016, to someone who will be completely financially free 18 months after I purc...
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Well, I am pleased to say that I finally got my first property in Columbus GA renovated and rented. I purchased the property on auction dot com for $25700. Renovations costed $12,000. I am all in for $37,700. On Decem...