Hello BP Community,I have been studying the mechanics of the BRRRR calculator here on BP and i have a couple questions about a few of the output metrics that i cant determine how they are calculated.Does the Calcul...
Ok, I need help understanding how BRRR works in this scenario. We recently purchased a distressed 2 br 1 bath home for 48,500.00 and rehab costs will be roughly 20k. The A.R.V is estimated to be 100,000.00 based on co...
Afternoon BP Community. My wife and I are going to venture into our first RE property purchase. The house we found will be auctioned off on an online auction due to a foreclosure. The history of the previous owner i...
Promise! I'll post my introduction in the new members thread in just a bit.
For now, though, here's my issue:
I bought a home back in 2006 or 2007 right before the economy crapped out. Heck, I still remember where...
Good afternoon BP, I found a good deal in my home town and I'm looking for advice on what paperwork I should use when writing an offer to purchase a home on seller financing. Also if there is anything else I should kn...
Hi folks!I thought I'd just post a quick note in here to begin documenting my journey into additional real estate. My wife and I are putting in our first offer on a fourplex in the area surrounding Austin today! This ...
Happy New year everyone! I'm from the Westchester area in NY. A friend mentioned to me about house hacking to get into ownership rather than renting. I don't have much put away but have great credit in the high 700s. ...
Investment Info:
Single-family residence buy & hold investment.
First attempt at a brrrr.
Purchase price: 206k
ARV: 295
will appraise for up to 330k after renos
Back end of a 1031, inheriting tenants p...
Purchased house in very desirable city. However, the house was the wierd house on the block. Two story 5 bed 2 baths 2500 sq ft amongst single story 3 bed 2 baths 1200 sq ft. My neighborhood is older and they now have...