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Hi BP Members,Here is BRRR analysis report and I'd appreciate any feedback on it.2 family property.Asking price was 175K cash but owner has come down to 125K cashARV is 220,000 Repairs $60,0002 x 2 bed units will rent...
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Hey guys,We are currently building out the different arms of our business, but I'm kind of stuck on how I should do it.Current SetupCurrently we have a partnership LLC that holds all of our personal real estate. It a...
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My friend got a conventional loan and bought out the PMI at like 2% charge. Is this worth doing instead of paying PMI in your monthly PITI? Do you save money in the long run? I guess it would help on cash flow for a...
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Has anybody experimented with flipping new builds? With the way the Phoenix market is going it seems like a new build of a starter home would sell very quickly and for top dollar. Is this a valid business model?
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I'm looking at purchasing a 6 to 10 unit apartment in Macomb County and I'm wondering if someone local might be able to help me out. I'm wondering what the going CAP Rates are right now in that area. Thanks in advance
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Is buying a townhome from reputed builder better or buying a land and having a contractor constructing multiple town homes better ? For a general idea, We are looking approximately 25- 30 townhomes in one phase.
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Hey BP, Anyone investing in New York?Since I grew up in NY, I'm constantly comparing the markets in Westchester, Putnam & Dutchess Counties to where I'm currently living now in Orlando FL (Orange County). I'm look...
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I have zero experience with wholesaling, and all I have learned has been from the BP podcasts. I have a situation where I might pick up a multi really cheap and it's slightly outside my area. It's in a great locatio...
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Every time i put an offer on a house, i get told that the agent or the seller will not allow assignment, which kills the deal immediately. Is there a way around this besides double closing or off market?
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I want to get my Colorado real estate agent's license because Colorado has reciprocity with all 50 states. If I go through the process with Colorado, have an agency hold my license there, pass the test..would I be abl...