Elias Barend Westhof
Remodel for $1m worth it? Please help!
So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...
Vee L.
RE Mentor - Multifamily bootcamp
Hi all,I know people that went to Dave Lindahl's trainings and spoke highly of the program. I'm looking to pay $1495 for his 3 day bootcamp. However, Lindahl himself is no longer teaching these classes. Has anyone bee...
Kay H.
Could this be a good deal even though it has negative cash flow?
Hi guys. I'm in the process of purchasing a property, but I just realized it has negative cash flow when I factor in the maintenance and vacancies. However, I think one of the main reasons it has negative cash flow is...
Michael L.
Opening the Kimono: My Out-of-State REI Experience
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
Michael Doherty
1st BRRRR Success(ish)
Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
Kenny Simpson
Mortgage rates in the 4's and 5's in 2023?
The FED is slowing pace on rate hikes, the consumer is slowing and the economy is headed into a recession? These are all guesses at this point and some believe this will happen or is happening. If the FED eases with...
Andrew Cordle
5 Flips Start to Finish!!!
Hey Everyone, I began flipping houses more than a decade ago. I can recall how lost I was when I started and I wish that I would’ve had someone to guide me through the process and allow me the opportunity to avoid a...
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 ...
Lee V.
How to separate utilities between tenants??? Need help please
I own a triplex. I live in the main house up front which has its own water and electric meter. I have two small homes in the back that share a water and electric meter. How do I handle utilities for these homes since ...
Mindy Jensen
How Do You Ethically Invest in a Disaster Zone?
Harvey damaged 203,000 homes in Houston - at least that's the number I read this morning. I'm sure it's going to go up. I read 90% of homes destroyed did not have flood insurance.Irma looks to be headed to Florida. Sh...