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Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
Hello everyone- Please keep in mind- that this post is of my opinion only, based on my knowledge of the US economy and real estate markets. Now, this discussion about a bubble and a crash in the real estate market has...
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Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...
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Property tax increase is insane. I know you can do tax protest to adjust but it's not always successful. Some tax protest companies charge 40% of the saved amount, which is also a lot. What do people do? The past few ...
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Hello, I am Heaven and one of my dreams is to start a real estate wholesale company that is honest and sraight forward. So far since last september I have done only 1 deal. I have put many houses under contract...
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What's going on BP Family?!I'm so excited to share with you guys what I've discovered and the numbers I ran for my early retirement plan! I recently was introduced to a gentlemen's YouTube channel by a friend of mine....
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Hi BP,It's been a while since I posted, hope everyone is managing well despite the bad macro economic conditionWanted to get your insight on your investing strategy in this recession, are you buying or holding cash to...
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Not sure if you guys listened in on Ben Leybovich's webinar last night, but I have to say I agree with him.He showed how you can drastically come up with a different valuation of a property ALL based on your assumptio...
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I have a few HOT TAKES on this recent NAR Settlement News
1. Buyer's agents won't wait long to get into written agreement with a Buyer. Right now, many agents don't sign any agreements until they sign an offer. With ...
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Does anyone have strong opinions either way about purchasing turn key properties for buy and hold investment? Have you had success with them and stand by the model, or on the flip side, have you had a negative experi...