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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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Hi BP friends, I'm a landlord in upstate NY looking for some advice about generating revenues to purchase another buy and hold. For the past few months, I've been reading a great deal about wholesaling (I even starte...
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I have been reading about the 2% rule but seriously questioning its accuracy. I got a great deal on a house in a desirable area of Austin for $297k. The rental we are getting is high ($2500) for the area. However, acc...
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http://archives.chicagotribune.com/2009/jul/06/local/chi-landlord-dead-6jul06
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We're kicking off a new project in the next week or so and it's been pretty crazy just getting to this point. The house is a 3-story, 1550 sq ft row and it's currently 3br and 1 bath. We've owned it for almost 2 month...
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Howdy Folks!I'm new to the BP community and I'm excited to be here! I'm a real estate fanatic. But now that I'm middle-aged (40), I'd like to simplify life. San Francisco has had a great rocket ship like run and I'm ...
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Hello all,
I'm looking to buy medium to large-scale value-add multifamily using OPM. I am wondering if my first steps (past the education part) is to build a network of people who know, like, and trust me through pos...
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Oregon finally passed legislation to reel in unlicensed wholesaling its in this months publication from the state RE agency.Highlights:Goes into effect July 1 2025Requires:On line application to become a licensed who...
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Has anyone talked to these guys? Peter Vekselman and Joe McCall?I’m always interested in ways I can plug holes in my business and farm out the things that I am not best at. So I looked into Peter Vekselman and Joe M...
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My girlfriend and I are trying to buy a 4 family home in Rhode Island. We want to live in a unit and rent the other three units (House hacking). My girlfriend seems to not understand why we need to house hack opposed ...