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Hello BP friends. I need your help on what to do with my rental.My monthly mortgage payment is greater than the rent I can get by $150 and the 2023 taxes are going up another $150/month.I’m sure this is a common issue...
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After such a positive response from my first thread on the BRRRR model in Metro Detroit, I wanted to share a new strategy that I've successfully implemented into my business which will MAXIMIZE CASH FLOW from small Mu...
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Hi guys,
I am new to this forum and a little new to the industry. My husband and I have been slowly sinking more and more money into rentals over the last 4 yrs. We have been able to purchase a lot with cash, and ou...
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More duplexes for sale. More 4 plexes for sale. More properties I’m getting outbid on. My numbers tell me what to bid, but what are these other people’s numbers telling them?!I’m a standard 20% down, 5% interest, 25 y...
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
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Hi everyone :) someone may have already asked this question so please link the thread below if so. What is the best way to finance a BRRRR in your opinion? HML? Private money? I was leaning more towards HML but I’m wo...
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Hi guys,There was a great topic on the real estate predictions. I cant find it.What do you think will happen with the real estate prices? Now the interest rates are 6.5% I see some prices are dropped may be 15K but st...
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I would love to hear what is causing concern to you in this part of the cycle. I've heard from many investors that they waited until the market went into a correction. We all thought the market was at a high in 2019, ...
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Class A / Class BThe practice of splitting the LP investor equity group into Class A and Class B (sometimes: "Series A" and "Series B") tranches is already extremely common and seems to becoming almost ubiquitous. Ins...
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With prices back to pre-recession levels in many areas, and the lowest inventory in 50+ years, it certainly looks that way.