A few months ago my biggest weakness was my underwriting. So I promised myself Id turn this weakness and turn it into a strength. I read books on the subject. My first step was to ask people who better than me at unde...
Hey fam, Wanted to take a few this morning to talk about one of the approaches that has provided immense momentum for me and the folks we are working with. The "I.M.O" Approach and no, I don't mean "In my Opinion". I....
What Is An Absentee Owner?
Aptly named, absentee homeowners are exactly what you’d expect: the owners of properties that neither live in their own assets or actively manage them. For all intents and purposes, absente...
The Real Estate World can be a dog eat dog world and I have ( on more than one occasion) have been told politely to hit the bricks by more than a few individuals. This always struck me as a surprise- If two or more in...
Hey Group! I am a newbie investor from out of state that just recently closed on my very first rental property in Warren. There's a number of list items from the inspection that need repair and possibly including a ki...
I find that most investors want to see a property's projected IRR (internal rate of return) over the anticipated life of the deal. The biggerpockets rental property calculator does not provide IRR calculations. Migh...
Hope everyone on here is having a great 2020 so far! This’ll be a lot to take in, but please share your advice.PP- $18,500Repair- $30k (includes all fees and holding cost)ARV- $88kI’ve been plotting to buy this proper...
Hi all, I'm new to this BP platform (the forum) but have been listening to countless podcasts and YouTube videos for months now. I decided a few days ago it was time it was time to take action and take the next step i...
I want to buy the house I’m renting currently. Plan is to purchase it using fha, live in it for 2 years then rent it out. What are the downsides, if any?
I’ve studied real estate for the past year and a half. I’m curious about choosing a strategy where I DON’T HAVE A SIGNIFICANT RISK OF LOSING MONEY and I WON’T WASTE VALUABLE TIME NOT ACHIEVING ANYTHING. Surprisingly, ...