Laine Furukawa
BRRRR Newbie | Properties w/ conventional loan
Hi BP Community!I am an owner of 4 out of state investment properties. All acquired through conventional loans (20% down) and currently rented with a decent return (10% -/+). If wanting to incorporate the BRRRR meth...
Travis Beehler
Going forward strategies
Hey all!So, I've got 7 rentals at the moment, all leased out, going well, profiting about $2,500 a month net. My original plan was to take the profit, plus $1,000 a month of my own, and pay down various debt (Car, cr...
Carrie Nevins
Remove tenant with no current lease
My tenant signed her one year lease in August 2019, set to expire August 2020. In August 2020 I asked if she'd like to continue living in the residence on a month to month tenancy and she agreed. I should note that sh...
Clint A.
Renter wants to install a TV mount
My Renter of 2 years wants to install a TV mount for their flat screen over the fireplace. They are willing to have it professionally installed and leave the mount when they move out in 9 months. I'm inclined to allow...
Daniel Levine
cash out refinancing strategy
I was thinking about a new strategy for growing a rental portfolio and was looking for some advice. I want to purchase REOs with all cash fix them up, rent them out, then pull my original investment out, or at least a...
Forest Williams
BRRRR? DO I NEED CASH TO DO THIS?
Hello fellow BP members, I have just started reading the BRRRR Book and early on but my question is will I need cash in pocket to do this? Has anyone read the book?Thanking you in advance,Forest
Brian Ellwood
12 Steps To Buying A Rental In 2020 (your confusion ends here!)
Many people aren't sure where they should place their focus, or what exact next step they should be working on to get deals. Especially in a crazy market like we're experiencing now.So, I've broken down, at a high lev...
Kendall Age
BRRRR - Private Money then REFI with VA Loan
Hey All,This is my first post on BP which should probably be in the introduction page. Ill head there after this post. I am debt free with an outstanding credit score. I've done Hundreds of hours of reading on RE Inve...
Denise White
Title Company Ethics and Regulations
Complicated: Our Closing agent, at a local title company, is the in-law of the Buyer of our home. I'm the Seller's agent (of course-my home), and the Buyer's Agent for the buyer of our home. I found out later that ...
Julie Hassett
What is the $$ Value of a Lead Free Rental?
Hi BP community! My partner and I just had a deal on a Baltimore (21213) row home fall through on appraised value.Here's the quick and dirty:We agreed on a $74K sales price for a recently rehabbed lead-free unit. (I'm...