I realize using the BRRR strategy and pulling equity to reinvest is one of the best ways to scale, but I often read success stories that don’t add up to me. If you’re starting with very little money and it takes 6 mon...
Well I think I kind of hit the jackpot...One month into a new rental purchase, I have to bite the bullet for a new roof, a subterranean termite treatment and a drywood termite fumigation.Property has a flat roof, trad...
Hey all, 20 year old Junior in college. Interested in REI and owning rentals. Since I have very little capital and low income, I am planning on partnering with family to buy an out of state duplex. Can you take a loo...
We recently bought our first flip and began to get estimates. One of the subs needed is a chimney repairman/tech. He recently gave an estimate for $6500 and wants $2500 down and the balance upon completion. Is it usua...
Hello BP - I’m finally confident enough to take action. I’ve decided what markets to target, my property criteria (40+ units, etc), and want to start analyzing and looking for deals in those markets. I have a list of ...
I am in my 180-day period for a 1031 exchange with $2mm in escrow and two properties under contract: a stabilizing self storage deal in a small but growing market and a NNN deal with three QSR (two credit quality nati...
Dear BP Community :),
LONG Time reader, First time posting! I've read, listened to, watched, and soaked up as much info as I can from this site over the last few years. Incredibly grateful for the people responsible ...
Hello all! I am a native New Yorker and I am just now in a position where I can seriously start saving for a down payment on a home. I currently have only $10,000 set aside which--in this city--is a paltry sum.I used ...
Thanks to all the wonderful advice I have found by lurking around on BP for the last few months we are now under contract for our first rental property! It's a 3/1 SFH and we should be closing within the next 2 wee...
On his current cross country tour, "The Burning Down The House Tour", no that's not the right name, that's somebody else's tour; its the "All Weather Tour"; says that real estate should NOT be part of your investment ...