Amr Rashad
HELOC cost in deal analysis
Hi guys,Been lurking on the forums for a few years now, studying and reading while I payoff rash decisions made years ago (credit cards!)I'm a fan of using the BRRR method, in acquiring & keeping rental property f...
Account Closed
Reducing capital requirements - reduce construction expenses
Sounds counter intuitive, but how can you keep your seed capital requirements low through efficiency improvement/scale? What do you feel is the best way to keep your construction or remodeling costs down when you are ...
James Appleton
Profits from wholesaling
Greetings everyone,My name is James. I’m a rookie real estate investor here in Mercer County NJ. I’ve just collected my first two big assignment fees via wholesaling. I’m looking to move on to fixing and flipping prop...
David Roberts
Brrrr, depreciation, & refi timeline strategy
Hi BP,I'm in the process of purchasing with cash my first rental property and am planning to use the Brrrr method. Some of the dots I am trying to connect for my analysis are how the refinance step impacts the deprec...
Angel Perez
first BRRRR, how well or bad did I do?
Hello I just finished my first BRRRR in spokane,WA here are the numbers:
purchase price166k with 14K closing costs, private money lender 9.5% interest only payments, including a rehab loan of 53K.
rehab costs (incl...
Eric Heider
What are my options when there are no comps available
I am a newbie to real estate and bigger pockets. I have been quietly reading forums and post for about a month. Long story short I have a background in construction and spec building in Massachusetts. I have found mys...
Christian Sifuentes
Flipping houses
Good morning BP I have been reading lots of information over the past few days and have a couple questions to ask. I have seen where if investing in a flip you should pay about 70% of the value of the home? Is this t...
Karen Margrave
LISTINGS ARE RUNNING OUT!
In a healthy market we hae 1500-2000 listings at any given time. Right now, we have 297, and many are major fixers and over priced. What is your local market like? Where? Even before the rate increases our market was ...
Fareed R.
Collecting rents and utilities
So I rent a sfh to 4 individual people and doing following to collect bills and utilities, any recommendations to make it automated or anything else for making it faster?Also for the utilities can I charge any extra o...
Alec Hilliard
1st Lien HELOC On Investment Properties?
Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?