Mike A.
Eviction by Court order on March 1, but tenant already left
Strange situation. We had an eviction filed in January, and it was granted on March 5 by default as the tenant never shown up for the Court date. It was sent to the Sheriff to serve. Since there was a backlog, there ...
Darian Richardson
BRRRR: Refinancing Seller Finance Balloon Note
My Fellow BPERs and BRRRR Connoisseurs,I need your advice and expertise.Currently, I am looking into an off-market deal in Lawrenceville, Ga. The property is in need of repair ( roughly $22k in reno), with an ARV of $...
Chris Hutton
Student Rental payments
My wife and I have a 2/1 rental in a college town. We're in our 2nd year renting to students and haven't had a late rent payment until this year with one of our students.
Our students pay by semester (fall semeste...
Scotty J
Step By Step Foreclosure Biz
Hi. Can someone please help me out?
I'll preface this by stating that I'm a newb (I will post in the intro section shortly.) and am anxious to get started. I have been reading, reading, and doing...
Devin P.
Rehab versus tear down and subdivide
I have a property on 3.5 acres we acquired originally to flip. It has a pole barn, small stable with a small den above it (not liveable). The house needs a lot of work inside and out. We purchased as an estate sale fo...
Flavia Pires
DO I HAVE THE RIGHT INVESTMENT PARTNER?
Recently discovered that a long time co-worker/friend is interested in short term real estate investing as I. We both have same ideas and goals and talked about possibly becoming partners. I would love a partner but, ...
Keira Lewis
I just picked 10 properties from Jefferson Co. tax delinqu. list
I followed the steps to pick the properties from the tax delinquent listings of Jefferson County in Birmingham, Al. I was careful to pick only the ones not "owner occupied". I clicked "Transfer" on the main website a...
Gregory Schwartz
Manufacuted Home Rehab
I am looking at applying BRRR strategy to a manufactured home. Based on comps the ARV supports a $15-20k rehab. The biggest concern is that the house is a manufactured home and was built in 1985. Do these types of hom...
Andrew Simms
Conventional or Commercial - Lending Question
Hi BP Community! I am getting started and had a few questions regarding financing. My initial plan was to BRRRR a SFH using a HELOC on my primary residence (roughly $100k in accessible funds). My plan was to fund the ...
Brandon Hall
First Apartment listed for rent
Hello everyone, I just recently listed my first apartment for rent (1 of 2 coming online shortly). This will be my first BRRRR deal ( I sold a flip last year and have also done several wholesales). I have been involve...