Mike Bloom
What could go wrong in BRRR
hey I am a newbie, I wanna know what could go wrong in the Renovate (R) step on BRRR, Most people I talked to and read about have horrible stories, what steps should I take so that I dont get screwed. How do I renovat...
Michael S.
Has anyone flipped a bad flip?
There are so many "flippers" currently in real estate that: 1. offer way too much on a deal (an therefore get the property) because they get caught up in the heat of the moment at an auction or multiple offer situatio...
Jake Silcott
Wholesale opportunity in mixed use zone, on busy street, next to gas station. Advice?
Good morning all!
I have a possible wholesale opportunity on a home that is located on a busy street next to a gas station. The properties on the other side of the home are houses, of which some have been c...
Tim Bergstrom
Looking for investment partner/mentor
Hey BP,Tim here. I've been on BP since Feb or March and am in Nashville. In the past 6 months I've been aggressively learning all I can about REI and have been diving in with both feet. I've set up a company, been doi...
Tim Bergstrom
The next step, finding new partners and mentors
Hey BP,I posted this about a week and a half ago specially in the Nashville Discussion board, and have had some great responses. But to continue I thought I would repost this here to cast a wider net. So here goes...M...
Barry Ratliff
Not sure what to do or where to post!
I have been asked many times "Why don't you create a consulting business with all the experience you have?" I don't know where to post this idea on BP or know where to get offline advice to get direction to offer ...
Ravi Chandra
How accurate is Cost of Construction mentioned on permit?
Greetings!I've been a passive investor but venturing into BRRRR zone. I was scanning through permits pulled from county website. There is a cost component. How accurate is this number?I've narrowed down couple of lots...
Shem Varhaftik
Process of obtaining permits for multifamily dwelling in Baltimore
I'm about to go under contract on a home zoned as R-8, which according to Redfin is classified as residential multifamily. It states that both commercial and multifamily uses are permitted. However, the seller claims ...
Richard Quijano
Is now the time to 1039?
I have 5 properties with 4 of them paid for in Chicago, Illinois. I owe 185K on the fifth one with a recent appraisal of 680K. I am thinking it might be a good time to 1039 into something bigger. Go from 8 total un...
Nicholas Anderson
BRRRR loan approval
If you choose to go the brrrr route . How do you get financing to recoup your money if you don’t have a form of income but have paid for the property and rehab through your own funds you have accumulated . Would I sti...