I'm curious if BRRRR ("fix & rent") works in the Columbia metro area. Essentially, the ability to have your purchase price + rehab costs less than 70% of the ARV, so after you rehab you can find tenants & then...
I have a new tenant who has been a bit of a pest so far. She texted me to tell me the tub is draining slowly and they have tried to plunge it but couldn't fix it and she would like a plumber to be called.
We have a ...
Hey all,I have an accepted amount on a note for about 28% of UPB. The owner is deceased and a family member is living in property. I believe they tried working something out with family member but he is no longer in c...
Can you ever be too aggressive? I know for most on here, 4 properties in 12 months is a drop in the bucket, or all in a days work, but for me this was aggressive. I have just closed on my 4th property, a single family...
Hello All, I am new to the concept of 1031s and have a basic questions. I would be the buyer in this case, not the seller.If the seller has a property that say is sold for 250K which he purchased for 150K. He has take...
I want to make sure I'm understanding this correctly.I bought a duplex at 175k, have 160k left for payoff, and did lots of updates so the estimated worth is over 200k. This would give me 20% equity and allow me to loo...
Jacksonville FL investors, how's business? Booming? Slow?
I'm curious what's standing in anyone's way right now and how we might be able to help each other.
Let me know!
Hey friends, my name is Alex and I have been around BP for about 7 years. I'm an investor, I have been on the real estate podcast, I write for the BP blog, I'm the photographer for the BPcon event, and I absolutely lo...
Sanity check here, I am not responsibly for a clogged drain due to hair from the tenants, right? Tenant just told me that the drain is clogged from hair and wants me to come fix it. Should I hire someone to fix and b...
I'm considering allowing pets (dogs only) at one of our listings to beef up the bookings and increase revenue (I hope). I've always been anti pets because I've seen what they can do and have cleaned up quite a few bac...