Folks, I was talking to a turnkey company to buy an investment property, and looking at a few properties. Their pro forma sheet doesn't take into account ANY vacancy or repairs when calculating cash flow, and the rent...
Investment Info:
Single-family residence buy & hold investment in Los Angeles.
Purchase price: $642,000
Cash invested: $135,000
BRRR is possible in Los Angeles! It is just a carefully planned pro...
Hi guys, Hoping someone can help. I’ve tried to figure it out myself but can’t. I want to approach someone I know about buying a property from them. Here is my dilemma with numbers: My offer will be $60,000 w/seller ...
Happy Halloween! I created these riddles for seasoned investors. Hit me up for the answer sheet in my DM's and I'll send it your way! Have fun! 1."In realms where shadows veil the light,I shift possessions overnight.D...
I presently have a chunk of our SFR homes under contract which will yield a 7 figure return after taxes and fees. (Of course, there is no guarantee that we ever get to closing and this will be an irrelevant discussion...
I'm trying to find the "seven years to seven figure wealth" ebook Brandon mentioned in one of his webinars. I don't see it in the "ebook" section of the site.Thanks!
The facts:-Two properties (one in NC, one in FL)-NC property has VA loan, FL property has FHA-NC property has 0% equity, FL property has 25K in equity (purchase price 100k, appraised 125K)-A VA IRRRL (interest rate re...
Hello fellow BP'ers,I currently own two single family homes that I'm renting. I bought the first one about 14 months ago and the 2nd one just 3 months ago. It's been a learning experience, but I have decent positive c...
Hello,Wanted advice from BP. I am a big reader over at various 'retire early' sites (Money Mustache, etc.), and have a decently high savings rate after tax. I am trying to maximize my tax savings through real estate...
Hi, my name is Justin. I’m trying to figure out how I should go about getting a loan in my first rental property. I’ve thought about getting a FHA loan, but I don’t want to live in it for a year.
My wife and I are c...