I have been browsing for deals for awhile now, but was alerted to a real possibility late last week by a friend of mine. He knows some people who have recently started doing rehabs. They finished a project recently, b...
I’m trying to figure out because I’m second guessing myself and over analyzing things. When it comes to the 1% rule do I run my numbers off the purchase price or what I own in the mortgage? For example. I purchase a p...
So we have a prospective tenant we might rent to. She is friends with my family and they said they would def give us her approval and she passed Smartmoves background and credit check. The only thing im questioning is...
I have a property that i found that i want to do a BRRRR on, it has:
ARV: 135000
Selling for: 47000
Rough estimate repairs: 35000-45000
the rent in the area ranges from 600 to 1200
i used the BRRRR calculator and...
Anyone with knowledge of basement waterproofing in baltimore city rowhomes who cares to opine on whether they think this is a major red flag or not? The rowhome property I have under contract has a finished basement -...
I have a duplex in Columbus , OH. One side is traditional rental and the other side I have furnished and have been renting as STR. I advertise on Furnished Finder, Zillow etc. Recently I have had 2 different people...
Would like to hear from you all experienceday landlords.When you are looking for a tenant what are you looking that the credit report should be?For the example if they have a late payments on a credit card, a problem ...
Did you ever wonder why so many Big Companies spend millions on advertising? Think about the cost of a 30 second Super Bowl Commercial? If these large companies do it they must expect a great return on their inves...
Some investors will use the BRRRR strategy where I’m from. Everywhere I read they mention things like appraisals coming in low, people not refinancing for what they hoped for, unexpected construction costs, it taking ...
I can't tell you how many horror stories I've heard from folks about their GCs totally messing up their investment properties in one of a variety of ways. We allow our borrowers to choose their GC but prefer that they...