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Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
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I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
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Hello BP Fam! I'm under contract on my 2nd rental property. This will be my first rehab project and I plan to BRRR this rental property. I would like to know if anyone has experience with this and what steps would you...
I wholesale deals in the Washington DC, Maryland, Virginia, Market, I enjoy doing deals and helping others get started. Just wondering if anyone is running into roadblocks starting thier wholesaling business. Lets sta...
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I just acquired two identical, side-by-side duplexes and am starting to plan out my rehab project. I'm starting my focus on one unit, to figure out what works and does not work, and will hopefully then apply all those...
Hello all! Long time browser, first time poster here. My business partner and I have been slowly accumulating rental properties in Central Ohio for the past 5 years, we currently own 20 units total, mostly single fam...
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Disclaimer: I think the Corona Virus thing is a bunch of fake news. It's no more deadly than the common cold.That said, with all of the media hoopla about it, are you seeing any impact on your STR reservations? We ...
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What do you recommend for short term savings? I’ve been a bit timid with purchasing my first investment property. Analysis paralysis makes me hesitant at this time with interest rates what they are and anticipating a ...
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I have just rehabbed a home in San Antonio, TX. I will be selling this home soon. It is now under contract. I did not use a GC for this rehab. I had my RE agent act as the project manager. The problem I have is that ...