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Hello all! I was speaking to an investor I met regarding the BRRRR strategy I was planning to do a propert I just picked up and he mentioned he does this process with a slight difference, he doesnt refinance!?!?!?! Af...
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How do you find the point of diminishing returns for rehabbing as part of the BRRRR Method?
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EDIT: the title should read "% below BPO
Can anyone post what the percentages below BPO the different loan type usually take? I'd like to hear some negotiators chime in on this one.
When converting a property from personal use to a rental property, I understand you use the lesser of the adjusted basis (AB) or FMV. I've looked at comparable sales in the neighborhood at around the time of conversi...
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Hi everyone,Hoping to crowd-source some ideas on how to get started. I listened to a few BP podcasts yesterday on self-storage, launromats, RV parks, etc. but was hoping to get a bit more granular on specific steps on...
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Hello,I am completely new to real estate investing and am currently researching the wholesaling strategy. A few specific questions I have after doing some basic research are:1. Flyers- I hear market, market, market on...
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Hello everyone, I'm brand new to Bigger Pockets and real estate in general and I've decided to go the route of wholesaling as my niche for now. I'm going the route of reaching out to my social circle through social me...
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What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...
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Hello, fellow investors,I'm relatively new to real estate investing and have been inspired by David Greene's book on the BRRRR method. I've connected with several realtors and a wholesaler in Texas, which has given me...
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My wife and I are just starting out in our education in real estate investing, and are trying to understand and ultimately decide whether we should be Traditional or Creative investors. Can anyone offer the pros and c...