Hey BP community! Curious to hear your thoughts on investing in plots of flat land and using prefab homes to build on rather than BRRRRing. Seems like it can be a higher ROI as long as the land is zones properly and c...
BRRRR challenge 1 -- Mold Remediation - Any insight?
We just acquired a duplex that (at closing) was supposed to need about $4K in mold remediation. Now the mold remediation is about $11K. This quotes is only to reme...
I’ve been frugal my whole life. My family jokes that my older brother started borrowing money from me when I was six (he was 16) because I always had $ stacked. But now I’m reaching a point where I want to splurge a...
Anyone out there with experience using foreign private money, for example AUD, and how you handled the risk of currency fluctuation?I can't see anyway around this risk. Either I take it on or the lender does.In short...
If my main objective was to lock out other buyers in a neighborhood (and I don’t want to own it all, as much as I just want lots not to be sold from the current owners), couldn’t I overpay for a few properties to dist...
My loan underwriter for a condo unit purchase is requiring either 125% replacement coverage on the building policy or an inflation guard endorsement on the policy. The 3-member board is refusing to add the endorsement...
Can you be a true believer in strict adherence to sourcing properties according to the 50% rule of thumb and also believe in the power of fixed-rate debt to provide a needed inflation hedge in the coming years? It se...
Hey folks,I am hoping the community can provide some insight on the best (most accurate) way of estimating expenses (excluding mortgage payments) on rental property. I am aware of two methods for estimating expenses: ...
M partner and I are invested in three markets, Southern California, Phoenix, and Northern Florida, & invest for cash flow, & generally in small multifamily. The two western markets stopped making sense from a ...
Real estate is a good investment during inflationary markets. I’m not wholly convinced it’s greatest investment though. I think we are already seeing inflation hitting the real estate markets. Listening to the recent ...