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My wife and I just purchased our first investment properties (2 four plexes) in October. The tenants are all low income and some don't even have bank accounts. The previous owner is a family friend and he has always...
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I'm noticing it takes a lot of time to analyze deals. If I come home with 10 houses I've found while driving for dollars, it takes me 3- 5 hours to research the properties for comps and locate owners. Seems like it's ...
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I purchased a property this year at 170k and put 30k of rehab into it. The new appraisal came in at 280k and I’m going to to have a new loan at 210k with the rest going to be a cash out refinance. My question is, is t...
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Hello BP,Im reaching out for advice as I am unsure of how to raise rent with my tenant. It's a month to month verbal agreement with a good friend of mine. He pays every month and we've had no issues for the past 7-8 m...
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I have finally found a possible property to BRRRR. Owner is desperate due to deployment and willing to sell for 50k under value. I am wanting to finance this deal with a personal loan then move forward with the BRRR p...
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Has anyone read Robert Campbell's "Timing the Real Estate Market" and put his formulas to use?I just finished the book and thought someone might have created a spreadsheet containing his formulas but a quick search di...
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In the BRRRR system...can you explain the process, in as much detail as possible, of refinancing in order to get your money out of the deal to then go and purchase another investment property?For example, we are looki...
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Hey, all BP members and investors! I wanted to reach out about more recent and updated marketing methods for wholesaling. Curious to know what everyone else is doing. In my experiences recently, formerly basic and ...
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With limited connections, who are the people to get into contact with who can most likely point you to local wholesalers?Local title companies, contractors, appraisers...? I'm building a list of local wholesalers.
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So I want to ask some of the more seasoned investors. I've watched several podcast now and seen several people that go from 0 units to 25 or 50 in just a matter of a few years. I don't understand the financial aspect ...