Michael Douglas
Estimating Rent on a BRRRR property
Someone on another thread asked what the rent might be for a property they are considering. Here's what I shared as a separate post in case it helps others.
1) rentometer.com they let you look up rents for a few diff...
Cody Moyer
Contractor and trades apprenticeships?
Have any investors partnered with local contractors or tradesmen along with local trade schools on an apprenticeship like program? We have such an aging, and overall shortage, of contractors, plumber's, electricians, ...
Roan LaPlante
Utilities while renovating an apartment building for a long time
Hi,I purchased an old 6 unit apartment building in very poor condition which will require extensive renovations that probably will require some months to complete. I will need to completely redo the electrical wiring ...
James Wesley
How do you use City Planning plans in your strategy?
My tech experience has taught me the power of asking the question: "So What?" (i.e. what's the "so what" in this presentation?). My career started in City Planning and I am now viewing that planning work through my re...
Dave Myers
Determine Market Ripe for Flipping
Hi All,I'm looking to flip SFH's and wondering how I can determine which cities would be a good starting place. Can you look at selling trends or demographics, etc to determine if a city would be a good opportunity? ...
Account Closed
[TX] On a Deed of Trust, can Trustee and Beneficiary be related?
I am in talks with a local investment company to purchase an interest in one of their notes. However, looking at the Deed, the Trustee is listed as an individual, who is the owner of the investment company, while the ...
Brandon Smith
Trouble Finding Comps in Dallas and Fort Worth
Hi, Is there anyone that can help me run a realistic comp in Dallas, TX and Fort Worth, TX. I am new at flipping (I am typically a buy and hold guy) But I decided to get my feet wet. I purchased 2 homes one in Dalla...
Rosston Smith
20 Yrs, 5k, Beginning, Need Advice
Hello, I'd like to get some advice on if I should consider getting started into an early real estate investment, and if so, how would you recommend I go about doing this? I have 5k available, 20 years old, making 30k/...
Alex Kohler
FHA loan, down payment, cashflow
Hi BP!I had a quick question.... If you use and FHA loan for 3.5% down on a small multifamily property can it still cashflow (or at least pay mortgage) if I live in one of the units? Or will I have to put at least 20%...
Jonathan Sanchez
Pricing Strategy - What is your approach?
What kinds of tools/resources does everyone use for pricing? Is there a specific pricing strategy that you follow or do you look at your comps and adjust accordingly? How do you go about seasonality and what benchmark...