Michael Ealy
BRRR Actual Deal - $2M profit or $15K/mo cashflow: with pictures!
Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
Matt Nelson
Presidential race, 2008
Any thoughts?
I am for Ron Paul...
He strikes me as the only honest guy up there, on either side.
Any other thoughts?
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
Hello,I've had some issues with excessive costs through my property management company over the years. I'm a passive investor and these properties are in a different state than I reside in so I'm not there in person ...
Roshan K.
How many of you are financially free?
How many people are financially free on here? For those of you who are, do you still work or are you "retired" and living off the cash flow? If you are financially free, which method did you use to acquire it? (ie buy...
Account Closed
Should I file for bankruptcy?
A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...
Philip Bennett
Illegal immigrants as tenants
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
Zachary Bush
Questions about buying RE with all cash
Hello everyone. I am looking to connect with another member (preferably in the midwest) who is buying SFH or MFH with all cash. I am looking to get involved with investing as a second career when I retire from my W2...
Ian E.
Morris Invest Case Study
I want to apologize ahead of time for the long post but there are a lot of members asking questions about @Clayton Morris , with Morris Invest ( morrisinvest.com ) and not much information out there. I wanted to prov...
Jay Hinrichs
Rent control sweeping the nation ?
Seems like Rent control in some form or fashion Is gaining a lot of traction around the US.. Oregon just passed state wide.Washington some new rules.. California of course has had rent control in many cities for deca...
Ryan Hurd
Don't buy a house, just buy a four-plex
For anyone looking to buy their first piece of real estate, STOP (unless it is a four-plex with an FHA loan). I did this 2 years ago and it was the best financial move I have ever made. If you start buying other prope...