Sean Rooks
My 1st BRRRR a base hit!
Just finished my first deal, a BRRRR triplex in Norfolk, VABUY: 2400 sqft triplex:1) 1bd/1ba 550sqft @ $550/mo2) 1bd/1ba 625 sqft @ $600/mo3) 2bd/1ba 1250sqft @ $800/moPurchase Price: 136kRehab Budget: 60kExpected ARV...
Ryan Holland
BRRRR Turnkey Providers
Hi All,I recently came across a company called ABC Capital Investments. This company provides BRRR services in Philly, Baltimore, Cleveland, Birmingham and Jackson. They complete renovation work and find a tenant for ...
Nathan Friedman
National Real Estate Insurance Group - want to know how legitimate they are.
Hello. This company, National Real Estate Insurance Group, offer coverage at competitive rates. I have been trying to find someone who has used them and has made a claim with them. I would feel a lot more comfortab...
Nathan Killebrew
How to handle friends not on the same path as you.
Hi, I am a college student who is crazy about learning real estate and anything else pertaining to financial freedom. As I have been on this journey I have become more and more secluded from my friends. I feel as if...
Jordan Rhoads
Good BRRRR markets for under $80k
I have an $82k HELOC and wanting to start out of state BRRRR. What are some good markets for this? I was thinking Ohio, Texas, or Florida, but I've been warned that Florida might be too expensive right now. Thanks in ...
J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Engelo Rumora
How I Completely Lost My A$$ On This Deal
G'Day everyone,It's your favorite Aussie and The Real Estate Dingo.I am writing to you today with my head down and my tail between my legs as I just lost $25,000 on a recent deal.ps. This post deserves at least 50 vot...
Lucas Mills
How to execute BRRRR remotely? Looking for help getting started.
I am ready to begin the process to liberating myself from the 8-5. I have a plan in place and a set of fairly specific criteria in order to get there. Here it is at a glace:* 3k in monthly cash flow = 15 properties at...
Account Closed
What is it like to be an out-of-state investor?
I recently moved to Texas from California and plan to move back to invest out of state. I am wondering if anyone has any advice, pros/cons, and tips on investing from out of state. How hard is it to network? How do yo...
Nick Louie
Buyer Agent's Commission Fees
Hi BP Community,
I was wondering whether it's customary (in your respective communities) for a first-time home buyer to work with a buyer's agent and agree to exclusivity for 3 months and to pay the agent 2%. In this...