Brian Chase
Need help analyzing potential first deal
I'm running numbers on what could be my first deal. The property would be a private sale using the BRRR strategy. I'm in talks with the owner of the property next door to mine. The property has two structures on it - ...
Ronny Crawford
1st BRRR - Absolute Homerun
Investment Info:
Single-family residence other investment in Dallas.
Purchase price: $54,000
Cash invested: $17,000
BRRR - Refinanced at $135,000. Cashed out profit and held as Long Term Rental
...
Drake Hamilton
Can items bought second hand (Craigslist,etc) be a tax write off?
I'm planning to furnish my house for Airbnb/STR but want to try to stick to a conservative budget and buy some items on Facebook Marketplace and Craigslist for cheap. - I'm wondering how taxes work for this? Can I wri...
Mason Klein
First REI opportunity. Running numbers
I live in Denver and have been interested in REI for a while now. Listened to countless podcasts and reading forums. Denver unfortunately is VERY expensive and have even search Colorado Springs but nothing is close to...
Stephen Lynch
Water damage question
Hi all,First post! I have two properties in Virginia Beach. A vacation rental near the ocean (summer weekly, winter monthly) and a yearly rental near Town center.I notified my property manager of a small leak under th...
Hiro Kitagawa
House hacking advice
Hi all, my name is Hiro and am a fairly new BP member from Cincinnati OH area. A bit about me, I purchased my first property roughly a year ago which I'm currently renting out. I bought it without knowing much other...
Lilly Fang
unsure which house to choose for my first deal, and what about MTR near a hospital
two deals to see which one to go: all will be 30% down, 6.25% interest, but two different areas in the same city.1. 1957 SFH 3b1.5bath in a B neighborhood, 330k purchase price, renovation budget 30k (floor, paint, AC,...
Jasmine Claye
Deals NOT on MLS
Seriously, how do you find homes that are NOT on MLS? If you do not have MLS access, how is one supposed to know if the property is or is not on MLS?
Matthew Moorhead
Financing a multifamily rehab - historic
Hi, all. We are considering making an offer on a property here in Houston. The property is currently categorized as multifamily, having 6 apartments spread over a main house and a secondary building. Originally, the m...
Trevor DeSimone
Having Alternative Exit Strategies!
Investment Info:
Small multi-family (2-4 units) fix & flip investment in Milwaukee, WI.
Purchase price: $63,000
Cash invested: $29,400
Sale price: $129,990
Originally destined to be a BRRR...