My Girlfriend and I are wanting to invest in our first property and use the brrrr method. Next month we will have about 15k saved for a down payment. We're bot RN's and each make $66,500/yr. our credit isn't the best....
You amazing investors who have a large sample size, what are the things you can count on maintaining or replacing every month?
Here's what I've seen with my 3 units:
1. Microwave stuff - just replace this when it b...
If I found a property that was priced at say 1m and had a 12% cap and a DSR of 1.5 (I don't even know if I can make those numbers add up- but bear with me). Then I find a bank that looks for a minimum of 8% and 1.2. ...
Hi All,I am currently building a tax delinquent list and have had success in one county but the next county I tried for not so easy. I have called the tax assessor's office, treasurer, courthouse etc. they all bounced...
Do You Have Your Properties on a Key System or Just Replace As You Go?
Hey Everyone,I wanted to start a discussion since I didn't see this topic specifically in any of the other forum discussions. I would like to add a URL to my bandit signs as I hear they are more effective but worry th...
Seems flipping at these low margins doesn't leave much on the bone. Are you doing low end rehabs? Most of what I am seeing is that the properties need at least a new roof, siding, and landscaping, not leaving much for...
The lease is going to expire by the end of this month. Tenant already moved out, I sent email and message to contact the tenant to do the final walk through, no response. They still keep the keys.I visited the house 2...
I live in Southern California and looking for a lender that would do a cash out refi on my primary residence. Trying to get as much out as possible to be ready for any opportunities that come up within the next year o...
I run a property management company down in Cape Coral, FL. We currently rotate on who has the emergency line for after hours calls.However, this is something that we would like to outsource to a call center.Have you ...