Eddie Gonnella
Follow along a Richmond Virginia BRRRR with a commercial LoC
Just closed today on a BRRRR property in Richmond, Virginia. Bought this one with three partners @Elan Radbil, @Ben Hutto and @Jake Guhy using a commercial line of credit.Purchase price: $95,000 4bd/3baRehab budget: $...
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best way to build credit score?
i took a class with Richdad poor dad a while ago and the guy said that you want to have as many credit cards as you can get. i have heard that having too many credit cards hurt your score.so my question to you is, wh...
Joshua Howaniec
The CRA, 2008 Crash, and Now
If policies like the Community Reinvestment Act are still active are we bound to repeat the 2008 crash?
Alex K.
Picking a marker for short term rentals out of state
I am looking to find a property to Airbnb but I want to do it out of state. I'm debating two possibilities. One is buying a place in Los angeles for about 700k (2/3) with 10 percent down that has a detached two car g...
Alex Jacobson
Coin opearted washer/dryers
Installing a laundry room in my 6 unit. I explored coin operated units and stumbled across a company that has a product that converts any regular washer or dryer into a coin operated unit. I like the idea because I he...
Jose Hooker
Self Directed IRA questions
I am in the process of transferring my 401K funds to a SDIRA. I understand I can transfer my funds to a SDIRA. Do you know someone locally who I can get in touch? I am looking to use the cash to purchase my first pro...
Connor Lewis
House Hacking Advice
Hello BP community!
For those of you that have house hacked before, what advice would you give to someone that's about to start doing so? My wife and I will be purchasing our first property this year, which will be a...
David Wooten
Evaluating 100+ Units
Greetings,I've been evaluating a package of properties that together, total over 100 units.I keep reading that on the calculator to use 5% for repairs, 5% for capex, 10% for management and so on.When looking at over 1...
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Single Family vs. Multifamily
More new investor questions from a new investor. Again, even as a newbie, I know where I stand. I will definitely be buying single family properties if the numbers make sense, but my focus will be on multifamily becau...
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Realistically; has anyone gone from ie. 16 to 32-64-100 unit's?
I'm wondering who has implemented a 'Grant Cardone' methodology throughout their REI journey and/or does or has it worked for you similar to his teaching's.Have you actually been able to buy, hold for 3-5 years and se...