I have purchased 5 properties in the last 2 years. Of those 5 I have completed one successfully with the BRRRR strategy. We currently have 3 solid rentals. The last two were intended to be be done as a BRRRR's, howeve...
2 bedroom 1 1/2 Bath Townhome1100 SFPurchased property for $83,500Closing/repairs : $8,000ARV : $105,000Rent : $895 per month (2% Rent growth, 3% appreciation)Loan : 15 year, 15% down 5.75% Interest rate fixed convent...
Hey guys. Just getting in to this and looking for some input. I’m in the Army and will be going to FT Jackson SC (Columbia).My wife and I are going to purchase our first home there and then rent it out when we leave a...
I have a home listed for sale that I completed flipping. Beautiful home, great area and went under contract fast. I accepted and signed an offer so we have a legal purchase agreement. It has now been just over a mont...
Hello all,
I’m looking for some advice on a real estate decision. My wife and I own a beautiful historic home in a small, charming town in Northern Virginia. The house has been featured in magazines and garden tour...
hi all! i was hoping to bounce some ideas/get advice on an exit strategy / retirement planning / DST. i apologize if i jump around since there's so much running in my head. anyway, so a little about me: i'm going to...
I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
I'm new around here. For the past several months I have been reading all I can get my hands, now I am reaching out for wisdom and guidance. For someone who is interested in walking the path of becoming the bank. What ...
I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...
Hey everybody,
So my brother and I inherited my grandmothers house about a year ago and now are renting it out. The house is paid in full, so everything after taxes and insurance is cash flow, which is great. I howe...