FMV: $1,338,167
Comps at $1,500,000 if buyer adds 1bed/1bath
Purchase price: $1,100,000+Wholesale fee: $6,500
Owner occupied: $3,250/m payment
No rehab necessary. Walking distance from beac...
When running numbers on an investment property, I focus more on equity growth than monthly cash flow.
Here’s why:
If I can acquire a property at a low basis and add significant value, I can:
1) Sell and reinves...
Hi All,My Team has added Little Rock as our third MSA. We are actively submitting LOI’s and interviewing PM’s, inspectors, and insurance agents. Would appreciate referrals as well as any general insights about the mar...
Are there any investors with positive experiences with Delaware Statutory Trusts? I’m debating selling an investment property to avoid 90k in gains and researching DSTs vs opportunity zones.
As I see it, the opportu...
Hello BiggerPockets community! I'm Brent from Grove City,OH. I've been a full-time REALTOR since 2010 and have a small portfolio (3) of long-term rentals. I've been dabbling in investing for a few years and my goal is...
Hello, I'd like to get some perspective on BRRRR investing. Whenever I've heard this approach talked about, it's almost always in the context of a single family residence. That said, is BRRRR investing a viable str...
I bought this townhome community with NEGATIVE leverage going-in. And don't regret it...What's negative leverage?When your cap rate < interest rate.In this case, we bought this property at a 5.5% cap and locked in ...
My dad and his siblings (6 people in total) inherited my grandparents' long time house and they're trying to figure out what to do with the property. They have a cash offer in hand (see #9 below), but as a Real Estate...
My wife and I are in our first year of MF investing; learning a lot by reading books, watching videos and podcasts, and attending Meetups and seminars around DFW. We've invested in our first deal. The deals we've seen...
I need help understanding how to refi a multifamily if its needs no work its been updated and great cash flow. The properties are around $600k to $1.2 million. If it was a BRRRR then I get it however if I have to pu...