Hi guys, A quick question on the BRRRR strategy. Most of the time when I hear about this strategy, at the "Buying" stage, they always suggest to buy a property with cash and then Refinance after the Rehab. Am I miss...
Hello all,
I am currently in the process of acquiring a rental property, and hope to have one within the next 6 months. With this, I have been thinking a lot about costs, especially capex. Costs that come up unexpe...
I found a property for $220k , which needs approximately $60k in rehab. The lender said they would loan 80% Loan to Cost or 70% ARV. If ARV is $350k, then the lender would lend on the lower of the two I assume? Which ...
GM BP, I finally have my 1st rental property rehabbed with a signed tenant! (WooHoo). After being on the fence for months; I've decided to self manage. As my portfolio grows, I plan to outsource to a PM. I really thi...
Hi everyone,as shared in my first post here, I built a house back in France 4 years ago, total cost 250k€, today it would sell about the same price, excluding agency fees and taxes. Reason for buying the house initial...
Hi everyone!An interested tenant wants to lease our furnished home. 3 dogs and 4th is an ESA. Based on experience, we usually have 1 dog/family or tenant. How much is a reasonable non refundable pet fee? Usually we ch...
Hey guys! Two part question here. Is traveling to a different state to look at rental property considered a business trip? I will be going to Hawaii to look at some rental property. However, I do not have my LLC fo...
I have gotten lazy lately when it comes to getting bids for work. I have been just calling my usual guys and telling them to do the job, then I get the bill and resulting sticker-shock. This is for a 1,200 SF ranch ...
In researching some hard money lending options for the rehab of a multi-family im living in, I noticed many lenders do not lend to owner occupied borrowers. Theres probably a great answer as to why but what is the rea...
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*This link comes directly from our calculators.This deal seems almost too good to be true, but numbers don’t lie! The only question is, are these numbers reasonable? Would love any advice on this Jacksonv...