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Good morning BP! I wanna talk BRRRR. I understand the basic premise of what brrrr is and how powerful of a strategy it is to use in real estate. I also realize that over paying for a property or over estimating the AR...
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If a Buyer, such as myself, has no Buyer's agent, can I get the Listing Agent to rebate the Buyer's agents Commission back to the Owner, then have this money used to pay the Closing Cost ?
I am contemplating putting ...
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Hey BP,I am looking into purchasing my first investment property out of state. Most likely in Indianapolis, Indiana.I am currently debating on whether or not I should start with a BRRRR property or Turnkey property.Ho...
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Before I did my first deal, I spent time on BP searching for people like me going through their first dealings in this business. I found many who started sharing their adventure but when it started to get good, the t...
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Hi all - I need some help! My wife and I are real estate investors - we own three properties and none of them are living up to our expectations. We have been putting a ton of our own money into the properties to kee...
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If you had the capital, would you wait for the correction or still invest now?I understand local markets will drive the ultimate decision, but it feels like every market I look:1) unemployment is through the roof in t...
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I recently started my REI venture in the Detroit area 1 year ago and I have been trying to figure out a good strategy for how to continue scaling while covering costs per property. The issue I'm running into is with t...
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As I was poking around at the relationships between jobs and potential predictors of job losses, I started looking at a mathematical representation of something less quantitative, that we are all familiar with. This s...
I purchased a house a couple months ago, and paid at the top price or a little over for a supposedly move in ready home. I had an agent/broker, home inspection and appraisal. I haven't been able to move into the house...
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Hey BP Nation!if you could rent out your primary residence, but would negatively cashflow approx $200/mo to do so, would you do it? Is there ever a point where the cashflow loss "makes sense" for you? Specifically, I ...