Question on strategy for buying a duplex. My strategy would be a BRRRR but I don’t know how I can make it work. The asking price is 182,500 and each door will rent for 1000-1100 so decent cash flow. Repairs are estima...
What is a good amount of cash reserves should I have for maintenance and unexpected expenses of each rental property?
I've attended a few trustee sales at the court house steps and starting to recognize some of the regulars. The people who seem to be bidding on the majority of homes look just a couple steps above homeless. I'm not ju...
Hello All!Let me start by saying that I have NOT bought any properties yet. I am shooting for a property in the next 90 days using the BRRRR method. I know I'll learn more through experience but I still want to gather...
Hey all,
I’m new to this app and real estate all altogether. I’m from Los Angeles and recently bought my first 4unit property. I would like to expand my real estate portfolio, but LA is way too expensive. Any suggesti...
Hi All,
I am considering flipping a house that has extensive pet damage. Dogs and cats urinated all over the carpets and the house now has a very strong ammonia smell. I've never dealt with this issue. Is it as simp...
Greg Hague, "The Real Estate Maverick," has been quite vocal this last few weeks about Zillow Instant Offer. Here are snippets of his recent email detailing his phone call with a Zillow exec. As a Real Estate Investor...
Hey Everyone. I have a 4 bed/2 bath in a small college town. I rent it out to 4 young men. Over the past few months, I have been struggling with one of them. He has been late on rent 2 times now, (will be 3 if he does...
I have a very generous employer willing to loan me $65,000 to buy my first investment property with little to no interest charge. He is in no hurry to get his money back right away. I'm thinking of buying a flipper an...
For my savvy Real Estate investors out there who have attended the school of hard knocks. What Real Estate Cliches have you found to be true, useful, or completely false. Here are my top 3 True Cliches:1. Risk comes ...