I feel like I’ve been posting a lot lately! Something I’ve been thinking about is the benefits of loan pay down. So I’ve been listening to bigger pockets a lot, and am learning that a BRRRR method is a good method for...
Hello All,
I’m totally new to real estate and I would greatly appreciate some direction. I would like to know how to buy a home that I can realistically afford, ideally in Central Florida – either Volusia County (Nor...
I am current resident of Hoboken, NJ, and a yet-to-be property investor. I am currently looking for a great place to invest my money. I have spent a decent amount of time understanding the basics of equity investing...
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
Hey everyone,
I’m really happy I found the BP community and have now listened to most of the podcasts and attended my first REIA meeting this week. I’m hoping to ride that wave and really get going on investing.
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I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...
Hi guys!I am really scared of this due on sale clause that happens when you transfer your rental into an LLC.So Ive been postponing and postponing doing so with one of my rentals that is more expensive because I am wo...
I’m a number guy. I spend countless hours on excel spreadsheets running ProFormas on every possible situation. I want to know what the BEST possible outcome is, WORST possible, projected actual outcome, forced appreci...
Hello,We own a rental property that my family and I lived in Colorado for about 3 years and rented it out about a year ago when we moved to another house. We bought the rental for $335K and the property is now worth ...
I currently have two house-hacks that I've moved out of and are now full time rentals that cash flow roughly $800-1K per month each. When I started straight out of college, I used to think that I NEEDED 10 houses in 1...