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I am currently living in a home I purchased at auction July 2015 as a foreclosure. We have renovated nearly the whole thing with a 203k, plus our own sweat and tears, and are wrapping up now. I am projected to have ...
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Hi everyoneI'm just starting out and looking into BRRRR as a strategy. From what I read so far, his should be really easy. Too easy actually. I feel like I am missing something.This is how I imagine it would work for ...
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Hello everyone,My name is Steve. Me and a partner have experience with SFH, condos, apartments, and small storefronts geographically between Boston and Cape Cod. We primarily buy, rehab (if necessary, usually less tha...
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Hello BP, After listening to podcast 167 with Kevin Wood, I am posting of my successes for my first year of investing. I've been reluctant to post because my family has raised me right which means you don't talk abou...
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So I was listening to the podcasts the other day - and I could have heard wrong - but a guest said that they always come in at 70% of the asking price and then deduct rehab costs below that number. When I run this ou...
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If the inspection goes well tomorrow I will be buying a property from a wholesaler(cool person) and I wanted to know if I should get title insurance. I'm buying the property cash and will most likely be putting a mor...
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So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
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So I have been having a lot of trouble getting a cash out loan on one of my properties I own outright, and I thought DSCR lending was going to be my saving grace. Well turns out pretty much my entire investing area is...
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My insurance agent has provided me with wise information on multiple occasions (the greatest money saver so far is to NOT escrow my insurance and bundle my properties when they are geographically located in close prox...
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I'm Vincent, from Orange county, California. I'm here to learn about about REI.I have set some extra cash for investing in buy-n-hold SFRs, and would like it to be as passive as possible. I have done extensive readin...