Jon Mbu
Is it typical for a Contractor to request 20% or more upfront?
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...
Cory J Thornton
Is the need for affordable housing creating new markets?
I have been thinking through housing, affordability, and the effect on what until the last few years have been dead markets. Any home with a decent commute to a decent market is not affordable.
Over the last few yea...
Tim Bradley
TimBRRRR 1.0, a step by step BRRRR
This will be a continuously updated step by step BRRRR post. I stole this idea from @Lesley Resnick so I first need to give her some credit. I really enjoy reading about her progress and it inspired me to do it as w...
Brian Garrett
Does your realtor analyze and/or vet potential deals first?
I'm currently networking with realtors in my area hoping to find a great deal to either BRRRR and/or Flip.So far the realtors I've talked to are just sending me listings on the MLS without vetting the deals based on m...
Erik W.
BRRRR - How do you guys eat?
This question is for the folks who Buy cheap, Rehab fully, Rent, Refi, and Repeat (BRRRR strategy). I want to know how you make it work. Here's an example of what I'm talking about:Purchase price: $10,000Rehab (everyt...
Lisa Hoyt
When should you lower rent to attract qualified tenants? Ever?
Background: My sister lives in MA, has owned a 2 family house for many years. Our mother lived in the apartment for 17, when she moved out sister used a broker to find tenants (when they had to leave - student visa e...
Devan Johnson
Where do I go from here? Here's how I made $85 K....now what?
Hello folks! I'm new to this forum, and eager to gain more knowledge, as I'm on the cusp of making bigger investments. However, I'm lacking a plan to move forward. I want to share my story and get some feedback. I liv...
Nik Moushon
What general maintenance things to you let your tenants do?
I'm look for answers to my question both on a specific situation (which I'll describe) and as a general overview.This is my first rental. Tenants moved in a month ago. Summer is in full swing now and in my location it...
John Chapman
I never want to own a house again.
I moved to DFW in 2005 about a year after law school and immediately purchased what I perceive as an expensive house. I spent way more than I should have and bought way more house than I needed. Like many people my...
Andrea Jones
Is there a way to be anonymous, totally, when becoming a landlord?
Maybe I'm overly cautious or paranoid but that is a big concern. If it comes to evicting a tenant, or some other reason a tenant may have a grievance, I would feel much safer being some random Jane Doe. My first thoug...