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Hi BP community,It’s taken awhile to get my financial planner to understand what I’m doing with Real Estate Investing. I interviewed a new one from a well regarded independent boutique firm and again he didn’t quite g...
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Hi guys and a happy Saturday to you all.
I think there is a huge opportunity in Las Vegas right now especially with what is set to arise in the horizon. Here is a list of all things I have seen going on in Las Vegas...
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Tenants have been in my rental since February with their dog and they pay $50 month extra as a pet fee. In NJ I cannot accept a pet deposit and security deposit so I decided to add the monthly pet fee. The dog died...
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Everything that has been happening lately has really opened my eyes to the reality of the world we live in. Being a landlord now I feel that it is my responsibility to help build our communities and stop the hate. I’v...
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Hi BP.Tomorrow I was supposed to close on a property, which we are now not going to. During the title search, we discovered a sizable second lien that they didn't disclose. When we mentioned the fact, they acted surpr...
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Hello everyone. New the site, but not new to investing. A colleague of mine has made investment in two properties held by EquityBuild and has been pleased with his experience. I am considering investing in a 16-unit ...
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I'm under contract with another Indiana SFH. My realtor has concerns about the neighborhood (at boarder of Gary and Merrillville), but my property manager thinks it's no problem to rent it out for $1,200/month. Plea...
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I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
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Warning - this may be a long post - I will try to section it off. I have an on/off relationship with RE as I've always been drawn to it and always screwed it up - and then listened to those in my life who told me tha...
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Does anyone else see the same major flaw of the mystical BRRR strategy?
At the end of the day, arguably the most important element or phase of the BRRR process is the refinance to get your exit money. And the appraisa...