Hi BP Community,I recently encountered a situation with my primary residence that got me thinking about how it might impact my use of the BRRRR strategy.I recently refinanced my personal residence with about 60%LTV. ...
Would you open our envelope (picture in comments) and read our letter? How can we make it stronger? What type of follow up would you send? How soon after the original letters?We've read a lot about "yellow letters" an...
Tenant called on saturday afternoon, indicating there was an issue with the oven and is not working.I called some appliance repair companies on saturday, but of course most aren't working and returned my call on Monda...
Happy Thanksgiving BP family! My wife and I are going to start diving into property investing. I believe BRRRR is the best strategy for us. I am in the military so we move fairly often which leads me to be willing to ...
Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
Hi,
I am having some confusion on how to develop a working relationship with a contractor, so I am hoping someone here can help me. As I work on expanding my business, I am working with a contractor who just finished...
Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
Ok so that's a bit of a loaded question because I have a good idea as to what we did wrong along the way. The reason I pose the question this way is so that I can get some unbiased, candid feedback regarding this pro...
As a millennial and recent college grad and wanting to begin building a portfolio of properties while working a full time job, a question I constantly find myself contemplating is how to plan for an early retirement a...