I am working on my first BRRRR and just finishing up the rehab. I purchased the property in Nov, 2021 and at the time when I pulled comps I was looking at between 160K-180K. I had budgeted for 160K for the refi and r...
Hi GuysMy dad and I are 50/50 Managing Members of an LLC (filed as "Partnership"). He is 62 and I'm 42. A couple of years ago we just paid-off our bank loan, reduced our operating expenses to a bare minimum and are r...
I have flipped a few houses with great success and a good friend wants to put in 50% of the purchase price and 50% of all other cost with my next rehab.
I have always used hard money at 5 points and 12% thereafter....
I'm curious to see what other property managers are seeing in their markets. What is your revenue per unit? Any context on the type of market would be helpful too.For example, in one area I have a 3-Family priced at...
Hi I recently moved to Sacramento from Tennessee. I join BP to connect myself with investors from Sac. I have decided to get into investing because I’m tired of working 9-5. I’ve been in love with houses since I was a...
Hi All,
I live in New Jersey in a home that I have purchased in 2021. I intend to buy a new home in Orlando and move there in Mid 2024 by renting the existing home. While talking to my loan officer this morning, he t...
Hello, I am 25 and just moved to VA Beach and started in REI. I just purchased my first primary home, single family, as a short sale, for 130k that is certainly worth 160k or more (170k or more after I do some simp...
Hello, I will soon be rotating out of the navy, my interest is in purchasing and renting, what would pointers/tips someone can advice to someone starting out.
Thank you.
I’m an inexperienced real estate investor living in Texas, and I’ve come across an opportunity for a very unique home in Jersey City, that I think could be a good short term vacation rental. It is steps from Hoboken a...
I have a Potential 3 unit buy. Will be my first! Water not split on separate meters.3 units. Efficiency will remain without hook ups. The 2 bedroom ( down stairs) has washer and dryer included. Should I be concerned t...