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Been self educating myself for awhile with books, podcast, webinars. Gave myself the 90 day challenge about a month and half ago. Would love to meet up with someone who has been a real estate investor for awhile. Pick...
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When doing the brrrr method can you write off your rehab cost on your taxes
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New to this community and REI as a whole. I’ve been very intrigued with the BRRRR method, however after some late night reading through the forums I have a couple questions. So for anyone who is experienced with the B...
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How are appraisers approaching value on multi-family when there are extremely limited comps available?I am considering selling a two-unit in West Texas, but only one duplex has been sold in town in the past eight year...
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Hello BiggerPockets Family!I am a new real estate investor in California looking to do my first deal in the next year. My goal is to househack a single family home by finding one with a guest house and living in that ...
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Made up example:(Using a private lender)Purchase price= $60,000Repairs= $15,000Closing costs= $4,000ARV= $120,000Loan amount after refinance @ 75% LTV= $90,000Closing costs/interest after refinance= $6,000What was the...
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I'm really interested in using the BRRRR strategy to purchase my first property in DFW. I feel like the BRRRR method seems like one of a hand full of ways for a "small shop" to get their hands on RE in the competitive...
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I’m looking for any advice on beginning wholesaling? I’ve been doing a lot of research and trying to figure out the best way to go about finding sellers.
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I'm closing on my first investment property next week and am having 2nd thoughts about my strategy moving forward. I was planning to use this property as a rental but am considering flipping it instead. I took out a c...
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What is flipping houses?
Let’s start with the basics to make sure we are on the same page about what “house flipping” is.
Essentially “house flipping” or “flipping houses” means you are buying a house and selling ...