Account Closed
Choose your suffering
"The Real Secret of Success Choose Your Suffering.Everything you want in life; every goal you want to achieve; every dream you want to manifest: all comes with a price tag.Legitimate success in any endeavor requires t...
Rodney Phillips
To Turnkey or Not...That is the Question
I'm currently weighing my options between a potential rehab rental SFH and a few turnkey duplexes. I've seen many discussions and heard even more stories about doing the BRRRR method but not as much on buying turnkey...
Ron Brady
Are we out of luck? Inaccurate listing square footage
We bought a MLS-listed distressed property sight unseen through our local real estate agent. We live in Mexico and bought in NJ and moved fast because we know the community and believe the home is a good BRRRR prospec...
Peter Ferre
How important is the 1% rule?
I am looking at an 8-unit apartment complex right next to a major University that is cash flow positive. However, it does not meet the 1% rule, with it being at .81%. How much should I weigh the property not meeting t...
Steven Moore
What to Consider Doing a Cash Out Refi...
Hey BP Members,
Its going on 3yrs since I've bought my first investment property here in Katy. Since then, property values have jump significantly. I have 2 properties so far and WILL be purchasing a 3rd in coming mo...
Marco Morkous
How to manage fear?
Sometimes the numbers make sense but my mind will make excuses such as. What if it doesn’t sell at the price you want after rehab, what if, what if.. Other times: I have a good deal but don’t pull the Trigger due to t...
DeJarian Dickson Graham
Should I offer cash for keys??? Please give insight
Hey Guys, I’m in the process of sending a letter to evict the previous homeowner Who is essentially a holdover tenant. Is it standard to offer cash for keys?? Any thoughts??
Joshua Randall
To Contract or Not to Contract
I am about to begin the process of acquiring investment properties with the intention of using the BRRRR method. Finding financing and deals is not the area where I'm struggling getting started the most, but it's whet...
Account Closed
Obtain primary residential financing and then renting out?
I'm currently weighing options before investing in my first property. I spend roughly 70% of my time traveling for work right now, and as such my need for a primary residence isn't quite worth the overhead. Is it poss...
Stephen VanMeter
Vero Beach investment
Investment Info:
Single-family residence buy & hold investment in Vero Beach.
Purchase price: $87,000
Cash invested: $6,000
Bank owned BRRR