Angel Perez
first BRRRR, how well or bad did I do?
Hello I just finished my first BRRRR in spokane,WA here are the numbers:
purchase price166k with 14K closing costs, private money lender 9.5% interest only payments, including a rehab loan of 53K.
rehab costs (incl...
Alex Manley
Deal Hunting: How to/what am I doing wrong?
Based on everything I have read here on BP, the most important part of RE Investing is finding a great deal. My question is simple, but the answer no doubt complicated: How?I have been using lots of online databases (...
Dan Walters
Short Sale flips: options vs. P&S?
Anyone doing SS flips in ID or AZ?
My partner and I have been looking into doing the SS flip in ID and AZ. Initially, as everyone seems to be doing, we were going to move on a few properties with the option...
Andrew Bosworth
Screening
I am about to list my first rental property and am trying to decide how to screen potential tenants. Before taking any phone calls, showing the property or going through the application process, I want to vet potenti...
Rene Hosman
What is your preferred way to collect rent?
What forms of payment do you accept from tenants?
Collecting rent is something we don't talk about much unless it's not happening but I wanted to start a conversation about what methods of payments you accept and wh...
Ashley Hines
Getting my license?
Hello again, Bigger Pockets Family.
I am taking my 63 hour pre-licensure class, online. I suppose if it were in a classroom I would be more engaged, but its not. The majority of the material is reading. Oh, and then s...
Carina Corral
Inheritance, flipping advice
I’ve been researching and thinking about investing in real estate for sometime now (with little money of my own), but those plans have been catapulted by a recent inheritance. My brothers have also inherited a lump su...
Michelle Marty
making an offer sans realtor
I would like to make an offer on a property that is currently off the MLS but still being marketed as for sale by owner. The property is owned by an agent. It was listed for over a year and I believe it to be worth 70...
Brendon K.
What kind of loan is used in BRRRR for cash offers?
David brings up an interesting point in his BRRRR book. He prefers to buy properties with cash straight up so he doesn't have a beginning mortgage. He mentions numerous advantages of paying with cash.When you pay for ...
Angela Henderson
Collection of Rent
I'm new to real estate investing and just about have my property ready for rent. I will be renting Section 8 ( not that it should make a difference) but wanted to know methods used to collect rent outside of cash, che...