I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
After many of the Ashcroft capital syndications paused distributions, I get this surprise email this morning saying all LP investors need to pay additional 19.7% of invested capital call anyone have experience with c...
While cashflow is key to keep the property safely under control, I seem to find that the larger returns for our portfolio to date come from strategic growth of equity. My wife and I are still fairly small in our inves...
If I find a property that I want a hard lender to help me with and they fund 90% of the cost plus 100% of the rehab, does that mean when I flip it I have to pay back the rehab costs as well? Sorry that this is a stupi...
Happy New Year BPers! I am Kam and I am a complete newbie in the Real Estate world. I currently live in Brooklyn, NY and I've been thinking to purchase my first property, preferably duplex or triplex, in the areas lik...
My husband and I are getting ready to do our first BRRR deal in the Central Texas area. Here's my question: Have any of you paid yourself to GC your BRRR deal? Have you done this successfully over a period of time? ...
Hi, I am about to close on my first rental property and it has a tenant under lease until Jan. 2015. My questions are: 1) do I have to write a new lease agreement or can the existing agreement stay in place. 2) can ...