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I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
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I've always loved real estate. I would stare at house plan books for hours on end as a child, before creating my own floor plans. I read nearly 50 business and real estate investing books throughout high school. Nearl...
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STR... good, bad, or depends?
I live in Frisco, CO nestled between 5 ski resorts, lovely Lake Dillon, and a 1.5 hour drive to the growing metro area of Denver.
We are not alone here, but in Frisco, there is a big wo...
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I am a mad scientist when it comes to marketing. I will try anything once, and most things twice. So let me ask all of you, what is your favorite or most creative marketing technique?I will shart my most creative. ...
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So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
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I have seen so many people credit Rob Kiyosaki and his “Rich Dad Poor Dad” book to their starts in Real Estate, myself included.Recently he has come out with some comments projecting a huge crash in the RE market. Mos...
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About to close on a refi of our personal property. Saving $250/mo plus getting about $12k cash back in closing. Current vehicle payment is $398/mo with about 9000 left to pay (2.5% interest rate).Initial thought is go...
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Hi guys! how many applicants per unit? Sometimes I’m getting 20-25 people paying and filling out applications with the fees, how about you?When does In become unethical?
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Hello fellow BP members!I wanted to ask for your advice regarding a decision I’m putting in front of myself: I’m trying to decide if my next investment property should be a play for appreciation or cash flowI’ll try t...
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I just wanted to get opinions on applying the rents you collect every month to the principle loan amount.
I have 2 rentals that are currently rented. The first one I've had for 3 years. I did not escrow the insuranc...