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Goooood morning guys! I just wanted to give another bit of value that I have learned over the past couple years of networking! Just like the title says, it only takes 1 sentence from a conversation with 1 person t...
I'm 20 years old with no debt. I own my car, have an associate's degree, and rent. I have my emergency fund, I've maxed out my Roth IRA for this year. I'm just not sure what to do now. How do I grow my wealth? Should ...
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Let’s make a list of rule of thumb calculation post. Also, Correct me if I’m wrong. 70% rule: ARVx70%-Repair cost= Purchase Price1% rule: 1% of Purchase = monthly rent est. 50% rule: 50% of rent goes toward expenses. ...
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Here are 3 tactics that can help make your deal work that I've discovered. If you have any others you have found that are helpful, please share!
1. Reallocate your Funds
During the pandemic, lenders have increased ...
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I'm getting hung up on part of the BRRRR strategy, can somebody explain it to me like I'm a small child?
Example: I buy a 40k house, put 8k down and spend 15k on rehab. Now it appraises at 80k. The bank lets me r...
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I am trying to find financing for deals while using the Brrr method, so I can recycle my cash and don't have to come out of pocket. I mean who has money laying around to put into a property and stop at one deal. I kno...
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Hey guys I know this might be a bit of a newbie question, but what is Net Operating Income? How is it calculated and what does it mean? I've been finding some mixed/unclear definitions. The same thing goes for Cap Rat...
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Hello BP! This is my first post ever even though I've been reading on the site for some time. I can usually find the answers I need in old threads but on this subject I haven't found exactly what I am looking, hence t...
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There are always a million questions about whether or not Zestimates are accurate and whether they should be used for reference. I look at them too from time to time to get a feel for a property directionally. But, th...
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I am in the process of putting together a one page document for pitching to private lenders. I was looking for some guidance from investors that have already done this. I was thinking experience, example deals, etc....