Does anyone else see the same major flaw of the mystical BRRR strategy?
At the end of the day, arguably the most important element or phase of the BRRR process is the refinance to get your exit money. And the appraisa...
Hi Guys,I work in Corporate America, typically about 40-50 hours per week plus travel at times. At home we have two small kids. We have little time to invest in real estate, but have managed to build a decent portf...
Hey Everyone ! Just want others opinion on this If you have 500k , what would you invest in to generate good cash flow ? Stocks , multi family , other creative investments ? Preferably 10-20% return A quick summary o...
I have a property that I want to buy directly from the owner subject to. The owner agrees to sell it to me for 400k subject to. I'm concern about the realtor. They have a realtor. If i buy it directly from the owner, ...
I keep hearing about how the rich file bankruptcy not because they are in trouble but as a strategic way to build more wealth. For example Donald Trump, Rich Dad's Robert Kiyosaki, 50 cent, Henry Ford even Walt Disney...
Hi, I'm a first time house flipper and just bought my first foreclosed property for 108k. The comps in the area are anywhere between 200-220k. Ive been meeting with contractors everyday, but don't really know whats a ...
I thought I would post a recap of my first flip, a deal I thought was a slam dunk but didn't turn out to be in the end. The house directly next door, which was identical to mine, sold for $105k earlier that year and t...
My numbers showed a conservative ARV of 3/1 rancher in Richmond, VA at $135,000. All-in costs including repairs, title, legal, lender fees, etc. was $108,000. I developed a relationship with a new bank with great po...
At a private fund raiser ( Bush was secretly video taped on a cell phone ) Bush JOKES about Wall Street and the housing meltdown. The video is now on the internet.
He really sounds DRUNK him self!
http://news.bbc.co...
A week or so ago, I posted about my financial situation and asked a slew of questions. I thought it might make sense to follow up after visiting the bank.In the last post, I mentioned that Episode 239 gave me the idea...