Joshua Tessier
My Manchester, NH 4 Unit renovation
I recently purchased a 4 unit off market building for $231,000. It was originally listed on the MLS. The numbers in my eyes weren’t terrible so I requested a showing. The realtor wasn’t very helpful and the seller wou...
Marco Santarelli
What is your MINIMUM required Capitalization (Cap) Rate?
Although I'm not a big fan of using the Capitalization (Cap) Rate to analyze a property, it is a number used by many investors as a quick one-dimensional metric. It is also one that is more commonly used in the comme...
Megan Kline
What is the minimum cash flow per door per month you use?
I am just starting to acquire rental property and curious what others consider the minimum cash flow requirements for deal analysis. Per month and per unit, after expenses and debt service. Also, self manage or pay p...
Brie Schmidt
When to sell - How many years of cash flow?
I know REI decisions are personal, I preach it all the time. I purchased the bulk of my portfolio between 2011 - 2014 and since then the properties have appreciated. So while the properties are performing from a cash ...
Megan Greathouse
Closed on my first 4-family! The numbers and how I got there...
After years of interest in real estate, I found BiggerPockets in February of this year... and today, I closed on my first 4-family rental property. Here are the numbers and some photos... plus four things that helped ...
Lesley Resnick
My step by step BRRRR
I am going to document my current BRRRR project in Jacksonville, Fl.It is 3/1 and 1100 sq ft detached garage I bought the house on Thursday for 36k. See pics below.My goal is have it apprise for 75k and refi LTV of 7...
Scott Trench
Act Now or Wait? IF Under Contract - Close, or Back Out?
A lot of investors are reaching out to me right now, often those who are currently under contract on a first or second property. Luckily, almost all of the folks I've talked to are in strong financial positions overal...
Kevin Moules
FIRST BRRRR PROPERTY! COME JOIN THE RIDE!
Hello BP members! I wanted to share with you my latest RE project. This is our 3rd RE transaction since jumping into RE in December of last year. First deal was a buy and hold 4 plex, then a flip which we are listing ...
Account Closed
What is the Best Strategy to net 1 Million or more in Annual Profit In Real Estate?
I'm currently reading the Millionaire Real Estate Agent which prompts the aforementioned question. Which strategy is best? Flipping? Buy and Hold? Wholesaling? Becoming a broker like on Million Dollar Listing? Multifa...
Samuel Hoston
Non Performing Notes
I want to invest in notes and I am seeking anyone who is willing to teach me the ins and outs of the business. I see so much online about it but I need someone who will take me through the process step by step. I hope...