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I'm working on BRRRR, in the Phoenix area, which is appreciating like crazy. Rents are going up too, but not nearly to the same degree (which is what we'd expect). So the issue I'm having is something that I'm sure ot...
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Hello BP!At the current moment, I have about $50K liquid. I already have a house with 25% equity on a $100,000. The house has not had a tenant since I finished everything, hoping that changes real soon. (since about J...
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What would you do if your seller couldn't close on the date agreed upon?Would you take advantage of the situation and ask for a price reduction.It is an estate sale and the seller don't yet have all the paperwork nece...
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Hi, I've been living in the Chicagoland Area for 4 years now and am considering investing here. Currently living in Bridgeport and was trying to find a multifamily to house hack, but most seem to be too expensive with...
If I'm understanding things correctly, turnkey properties already have a tenant and property manager in place. Does that make them appropriate for a new investor (because a lot of the "hard work" has already been done)?
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Hi all! I graduated from college in 2022 and started working at a mortgage company and have gotten preapproved for a househack. I’ve been looking for about a month and a half with a investor-friendly agent for on-ma...
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Hello! I am considering selling ~$300k in stock that I've accumulated over the past 10 years. How would you suggest I use this money to generate the maximum amount of monthly cashflow? I was considering purchasing a s...
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I need help understanding how to structure a seller finance deal. We received an offer for family property and now that it's time to close they buyers are requesting we seller finance. The property is owned by brother...
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I am working with a number of first-time fix and flippers who are in the process of renovating their first property. What are some good tips to give them as they are interviewing contractors for their projects? What s...
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Intention: Buy & holdHouse info:Fannie Mae Homepath DuplexBuilt: 1970Asking: 265,000ARV: 285,000Repair: 10,000 (Maybe: House is in great shape)Down payment: 20%Closing Cost: 10KIncome: 30K - 32.4KMonthly Expens...