Barbara G.
DIARY OF OUR FIRST BRRRR IN OUR REAL ESTATE LIFE
Well here we are closing today on our First BRRRR. We got it for $72,000 and it needs approx $25,000 worth of renovation and we think it will rent for $950.00 for each 2 bedroom i bath and garage. This is our 3rd d...
Cruz Gartner
Anyone on track to quit their 9to5 in < 5 yrs from rental income?
Hi BP,
My first post :)
I started in Dec 2019 and am now up to 3.9k a month in pure cash flow. Need to get to $10k before I think of quitting and gunning for the end of this year. Looking to still get educated and m...
Bryce Renicker
Negative Cash Flow on Low Money Down
Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...
Ashley Petersen
What would you do with $60k if you’re goal was $5k/mo. income?
What would you do? You have $60k in the bank to invest however you want. You might be open to opportunities all over the country. Your goal is to generate AT LEAST $5k revenue per month in less than 2 years time. What...
Wes Blackwell
RANT: Stop Using Bad Math to Analyze Real Estate - Plus A Hot Tip
I'm writing this post to shed some light on a problem I keep encountering with aspiring investors who are new to real estate.
They read a book or two, hop on BiggerPockets and learn about a few ways to analyze a pote...
Matt Inouye
BRRRR - Low Appraisals
Hi BP Community,I recently encountered a situation with my primary residence that got me thinking about how it might impact my use of the BRRRR strategy.I recently refinanced my personal residence with about 60%LTV. ...
Todd Fry
Morris Invest Review (after 8 months of ownership)
I have written this review to give any prospective Morris Invest clients an idea of what they are getting into.My experience has been decidedly negative.BLUF (Bottom Line Up Front):Unfortunately in my experience, I di...