Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
Hello BiggerPockets family!I just officially finished my first year as a real estate investor and I wanted to share a summary of what I did, what I experienced, and the lessons I learned. I hope this will be helpful f...
I am skipping a lot of key material related to house building, but I guess anyone can check out my website for the full package. Here are some more summary posts lets try and throw a few more in here and go 21 - 28 a...
I have a young single mother who is paid every two weeks. I want to offer her the option of paying her rent every two weeks as well. Here is why.If her rent is 1000/month she has 12 x $1000 payments per year. However ...
Hello everyone,I was very happy to buy my first REO at the end of 2015. The plan was to rehab the house, live in it for a while, sell in 1 - 2 years, make a profit and buy another investment property. Mistake #1 - I h...
I would like to bounce a situation off y'all. I am currently under contract on a commercial property that is 11 residential units. This is only our second multifamily property so we are far from experts. The seller...
Done deal! I am sharing my experience here with the rest of the community. After over a year of tenacious searches, analyses, and offers, yesterday August 1st 2017 turned out to be the closing day on my 1st owner occu...
I've been buying some Fannie inventory and I keep getting stung with the re-key fee. I've tried putting it on my original PA that I won't pay a re-key fee. That portion of my PA gets rejected. Their addendums call ...
Hi BP members,I am currently saving some capital to finance my downpayment and closing cost on my first property. I'm planning to purchase a single-family house or small multifamily then househack it. My question is: ...
Is there anyone who would like to share any horror stories of dealing with bad tenants who seemed like trustworthy and upstanding citizens at first, but then eventually proceeded to avoid paying rent and/or causing ma...