I see everyone talking about A,B,C,D grade apartments. What criteria do you use to give the property a grade? I'd assume it would be location, old/new aspects of building, who would be renting it, but are there are ha...
Hello all,
I purchased a duplex this year with my wife at the beginning of April. It is recently renovated has a ground floor unit and an upstairs unit. Currently the entrance way to the upstairs unit has access t...
Hello BP,I might have found a deal. The owner is asking 48K for the house, it can rent for $750 a month and it is ready to rent. The house has 780sqft, 2 bedrooms and 1 bath. The only catch is the location. The house ...
Hello, fellow investors,I'm relatively new to real estate investing and have been inspired by David Greene's book on the BRRRR method. I've connected with several realtors and a wholesaler in Texas, which has given me...
I am currently in the process of applying for a HELOC. Today, I was given an appraisal of 145K on a house I bought for 135K 2 years ago. No one actually came to the house instead comps were done. With another lender ...
Hey BP!
I want to run a hypothetical scenario by you to help me clarify if I have a realistic investment idea. I've been wanting to get into real estate investing in my area starting out with a house hack. The issue ...
For those of you that BRRR older homes (say built around 1900 or earlier )...what do you do about the plumbing and electricity? Do you update everything at a huge cost? Or just hope it lasts another 30+ years?!
I have a few properties that are owned outright. Total value somewhere around $1mill-$1.25mill in equity. I am seeking to obtain a line of credit for these so I can tap into that dead equity. My local banks will only ...
Ok so I went to the court house today and asked for the probate filings. They showed me where they were but said they ccouldn't give me copies. I'm able to view them there but I'm wanting to start a direct mail cam...
Hi all,I have been an aspiring RE investor for many years, but more recently decided to act on my desire to free myself from the corporate 9-5 that was taking its toll. Fortunately, I've got a loving wife with a good ...