Sean Rooks
My 1st BRRRR a base hit!
Just finished my first deal, a BRRRR triplex in Norfolk, VABUY: 2400 sqft triplex:1) 1bd/1ba 550sqft @ $550/mo2) 1bd/1ba 625 sqft @ $600/mo3) 2bd/1ba 1250sqft @ $800/moPurchase Price: 136kRehab Budget: 60kExpected ARV...
Trent Jackson
Investing outside of California
With the new rental laws in California, I have been looking to flip my current two rentals a (4/2 and 3/2 ) to another more landlord friendly state. I recently purchased “The book on Rental Property Investing.” By BT....
Scott Ficek
How do you find the REO Asset Manager
Even though this is a realtor question, I am hoping this forum can maybe shed some thoughts on this topic.
In the Minneapolis/St. Paul, there are about 5 Realtors that have 90% of all the REO listings. They develope...
Mark-Anthony Villaflor
Refi Til Ya Die Strategy
In this time of COVID I'm looking at purchasing extra property but am looking at getting the downpayment from cash refinancing properties. I listen to several podcasts aside from Bigger Pockets- Real Estate Guys and J...
Harry Dhaliwal
$100k to start investing into real estate, in California. Stay, or go out of state?
Hi guys,I have about $100k saved up with the sole purpose of investing. My goal right now is to get to $5k in monthly cashflow as soon as I can, to accomplish this as soon as possible I get the feeling investing out o...
Jacques Villars
Looking for Rental Property that meets the 2% Rule
Hey All,I'm an agent/investor in Las Vegas, flipped a couple properties, but looking to build a rental portfolio. For the first one I'm thinking I'd like to get one that cash flows well and unfortunately the market in...
Account Closed
2018 Tax Horror Stories
I hate to be a downer, but with a significant overhaul of the tax code recently we are seeing first hand some RE investors (and individuals) get hit with huge tax bills and sometimes penalties. There are tremendous b...
Bill Gulley
TEA PARTY COMPROMISE?
Just heard some "official" of the Tea Party bunch saying that they were responsible for the cleaning of the house and that the Republicans will need go along with them!
She was saying there would be no compromise to ...
Robert M.
Rent Increases
Hi Everyone, I would like to increase rent but have a tenant that is telling my property manager that they are on fixed income and cannot afford higher rent. The unit is rented under market value and I am only asking...
Jason Barnett
Property Analysis or "Is this a good deal?"
This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...