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I’m having trouble understanding the Refinancing part of the BRRRR method. How does one make his money back? Maybe I’m just thinking too much into it but if someone can break it down Barney style that would be awesome...
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What would be my commission as an investor for finding properties for cash buyers? I am new as an investor, please help me with this matter. Thank you.
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Hello! I'm Isabella Rogers, and just recently started my wholesaling journey. I have a property in the New Orleans, LA area, very close to the garden district, but I am having trouble finding any comps. If I find a pr...
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Hello BP,
I'm having some trouble working with a bank for conventional financing. They are not working with me much on the loan. They're requiring 25% down, even after asking for 20, and also won't include closing co...
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Hypothetical question: If I purchased a fourplex, that currently had 100% occupancy rate, with an FHA loan which requires me to occupy one unit as my primary residence, then how do I go about removing the tenants from...
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Hello fellow landlords!I know I need to keep security deposit for rentals in a separate bank account but do i need an account for each rental or can I keep them in one account for all rentals?FYI - all rentals are in ...
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Hi,
I am a new investor looking to purchase my first rental property. I live in New York, & the barrier to entry is very high, so my only option at this time is to invest in other markets. I wanted to know if an...
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I'm running numbers through a spreadsheet to try to establish cash flow.Is there a preferred method of establishing a cost for supplies, CapEx and repair expenses? Do you use a fixed amount or percentage of rental in...
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There is a property that I came across while driving for dollars. The front yard is so over grown that it is physically impossible to get to the front door and it has all of the other major signs of being vacant. When...
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Hi all,
I have been using the BRRRR method to grow my portfolio. One question I had was - Regardless of location, what happens if the market goes south due to political / cat event / bubble activity… and house valuat...