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I'm new, have yet to do a deal, been studying the BRRRR strategy and have a newbie question: Why must I wait 1 year to refinance? Once the house is rehab'd, why can't I refinance right away? Does it make a differenc...
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Hey everybody, I've been following a multifamily property in a city on the outskirts of Tampa, FL. I First saw it when it was priced at $950k. It has recently dropped to $660k. It is 24 Units (2 buildings) which are ...
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If I want to be on the first page of google results for my town how long do you think it will take an SEO company to get there, if at all. I am thinking that one month of SEO will do hardly anything. Am I wrong?
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Why Bigger is Better in Multifamily (and why it sometimes is not)
Have you ever heard that bigger is better in Multifamily? If you haven’t there are a bunch of “tiers” that point to that direction. Price reductions o...
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With the passage of the CARES package allowing IRA withdrawals without the 10% penalty and being able to report the distribution evenly over 3 years, I have been considering taking $20k out of my IRA to pay off a loan...
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Hello,As some of you might noticed from my previous posts, I am a New Yorker looking to move to and invest in DFW. I want to do real estate for the cash flow, and of course, appreciation is a bonus. I am a recent coll...
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Hi BP!My name is Tim and I wanted to introduce myself. I am currently a software engineer and MBA student based in San Jose, CA. I have spent the past few months reading the introductory books from BP, listening to ...
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I just finished talking with y broker and he has informed me that due to covid 19 the 10% penalty for taking your 401k before age 59 has been waived. My question to BP is... As investors, we are all looking to achieve...
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Wanted to throw this out to see what you thought. Obviously, one red flag, but if everything else checks out, it seems like it might be ok. Would you consider these tenants?Rent is $1200, and I’m required 3x that for ...
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Happy Sunday and holiday season all! I've got a duplex under contract with tenants who are paying WAY below market rent. The plan is to rehab one side at time to mitigate costs. One side is on a month-to-month and ...