“Conservative underwriting is dead.”
Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting technique...
I currently manage my mother's property that is using a rent by the room strategy. Last week the A/C in our unit fried from a power surge and required a new thermostat and tablet piece. After back and forth with the t...
Hey all,I'm looking to purchase my first property within the next 6-9 months and was researching the possibility of house hacking it. From most of the SFH house hack examples I've seen, it's individuals getting seemin...
Earlier this summer, my wife and I bought an older city town home that we renovated lightly (updated bathroom and kitchen), within a reasonable budget. We ran into a 2 month setback with our first contractor and decid...
I own several properties and I seem to get daily texts and call from people offering to buy my properties, usually without even specificying the property. Any idea how these people are getting my phone number, who th...
So I am going to jump on the diary band wagon and document my 4th flip. This is my third of this year and 1 last year.Just got word from my agent that the bank has accepted my offer. Just waiting for the documents t...
Hi everyone,
I'm about halfway through the Rookie Bootcamp and trying to absorb as much information as possible. I've also read Ashley Kehr's new Real Estate Rookie book, and I'm reading Buy, Rehab, Rent, Refinance, ...
Hey guys,
So this is one of the properties I recently bought. It is probably going to be the most fun rehab I have ever been part of. I thought I share this with BP community. Pictures don't do justice to wha...
I have owned a 16 furnished room (dorm style) rental property for 14 years and never had a tenant do this. We rent the rooms for $395 per month and it includes power, water, sewer and garbage service. We keep the A/C...
I have limited capital to work with and the idea of buying a property at $25,000 putting about $10,000 into rehabbing the house and renting it for $800 (local section 8 rent estimate) sounds like a great deal. I would...