Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
What would you choose - a 20% cash on cash return in a decent neighborhood or 35% cash on cash return in not the best neighborhood? Everything else being equal.
If you could also explain why you would choose one over...
A 3/1 townhouse I own in Baltimore was trashed by a Section 8 tenant who moved out at the end of 2016. I spent more than I expected getting it back in shape. Then had difficulty renting it for several months, for vari...
I found a 10 Unit apartment (6 2-bed, 4 1-bed) that had been sitting on Zillow for more than 6 months! I added it to my portfolio December 1st. I knew the area and market, drove by and did some basic numbers. The f...
Hello fellow BP members. Has anyone taken the training provided by Than Merrill's group Fortune Builders? I'm looking for any pros and cons in taking this or any "Guru" type training. Any responses will be greatly...
I know you will all say…..’not again!’. I know a lot have been written about Detroit; either on this site or elsewhere…I have read all the posts……..its went through the largest bankruptcy in the recent history; it’s ...
I am getting started with realestate wholesailing in the Richmond, Va area. I have contacted many Realestate Attorney's in my area who have either:
A. Have no idea what I am talking about
B. Says what I am getting...
Well main stream media is now coming out with comments like."WE are already in a slump in RE new construction is down But real estate is not going to lead a recession.. "so what that will do is boost consumer confid...
Hi all-Let me start out by saying I've been following this site for a little while now and I love the insight that you all provide. This really is a fantastic resource.About me-I've been blessed with great parents wh...
This is kinda a poll - more than a post. I'm curious to know why more agents aren't willing to work (when they can under their broker) or why more brokers don't allow their agents to work "a la carte" - or a fee for ...