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Switching strategy from fix-and-flip to BRRRR this year. I'm trying to understand some of the intricacies that separates the two. This is my understanding of a successful approach to scaling BRRRR. 1.) Purchase proper...
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If you have a shovel ready property to possibly sell or to value on a pro forma for a bank. How do you value it? Is this approach logical?Using established value of made up property from a CAP rate of 6% say $1 millio...
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Hello BiggerPockets Community!
My name is John and I wanted to get some starter advice regarding a matter I am currently dealing with as I plan my way on starting my investment career.
Currently, I have never owned...
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Hey guys! Reaching out to my fellow BP members to ask a potentially silly question. As far as motivated sellers, a preforclosure trying to sell on the mls, can I realistically ask for a significant discount if I know...
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Hi All, Going through a cash out refinance for my primary property, I'd like to understand the pros and cons of the different appraisal approaches and how it can impact the appraisal of my property. I did a renovation...
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I've yet to purchase my first property. I'm about 2.5 months into the adventure and still in the learning and fact-finding phase.The major thing holding me back from pulling the trigger on deal #1? You guessed it: the...
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I have contacted a few title companies in my area and they all act like they have never heard of "double close" or "absentee lists". After some googling I found some docs of questions to ask title companies. These ...
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So my question is how do you go about asking someone to mentor you? I mean it's feels about like trying to make new friends after high school lol! I am comfortable putting in work to gain experience! I would love to j...
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I have identified a few preforeclosures in my area and would love to make a cash offer to the owners. What is the best way to do this? Walk up and knock on the door (might be tenants and not homeowners?). Send a le...
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I was wondering if anyone is getting leads from divorce or probate attorneys, and how you were able to successfully approach them. Thanks!