Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...
We're newbies...go easy! :D
We're about to buy our first investment property, a duplex with excellent income. It has been on the market for 200+ days.
We're making an offer soon. Is there a rule-of-thumb for t...
Hey everyone,I just finished my first flip and profited over $30k! It feels good to know that I can be confident in my numbers and rehab estimates. I was only a couple grand off, which I feel pretty good about. Did...
Greetings BiggerPockets!Just last month, I started crawling, walking (& dare I say running) towards being a new real estate investor! Last night, I was reading the Morris Invest Case Study 2.0 (@tyler jahnke) and ...
Calling all underdog RE investors.If you got into real estate because you were an engineer, lawyer, doctor, or otherwise have large amounts of discretionary income, that's cool, but I want to hear from the unlikely he...
It seems as if a large number of buy and hold investors try to use the 50% rule for their rental properties. I myself think the rule makes perfect sense and that is what I use also.
I would like to get everyone's o...
Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
Hello everyone,I see something pop up all the time when talking about allowing pets on your property. Someone always says "Except if it's a pitbull, keep those away"Now I understand that "dangerous breeds" can bring h...
Hey all, I am relatively new to the group. I am very impressed with the experienced professionals here and am glad that I stumbled upon this site. I am a seasoned real estate attorney and enjoy not only practicing la...