Vincent Plant
Approaching a seller in Distress to Create a Deal
I brrrr’d a house several months ago. It worked out great. The street it’s on presents tons of opportunity so I want to get another. I got word that the neighbor next door is in distress and possibly in foreclosure (i...
Curtis H.
What would you do?
Home listed for $500K (Total beater in great area)On market for over a month so clearly they aren't getting near that number2/1 900sfNeeds complete gut job and possible addition of bathroom and bedroom on same levelSo...
Sergio Avina
Should I Turn SFR into Duplex or Buy MFR in overpriced market?
Looking to purchase my first MFR, but can't decide whether to turn what seems like a good deal (SFR) into a duplex by building a new house in the back or purchase a MFR, in Los Angeles. What do you think ?Here's the s...
Cynthia Carrasco
Help! First deal, making an offer, but need help!!!
Ok here is the deal, I found a 1 bedroom 1 bath condo in foreclosure for $50,470 don't know the sq ft yet, but based on the 1 bedroom, 1 bath, on the same street within a few buildings, other condos are going for $85-...
Zachary Koran
Can I BRRRR a project with less than 25% down?
I am an experienced broker in the Chicagoland area and am looking to get into investing. I realize that value add is the best way to BRRRR - are there lenders ( either traditional or hard) that will loan on acquisitio...
Chris Smith
Wholesaler question from the Portland, OR
Hi, everyone. I am a wholesaler in the Portland, OR metro area. I am currently working a deal with a seller. He wants $157,000 for the property but it is in terrible condition. The property is zoned r5 meaning that I ...
Scott Nguyen
Start a LLC for each property
I received advice about starting an LLC for every property I buy. I understand it's to protect me from liability and such, but is worth going through the process for each property?Would it be a better idea to start an...
Emile Hughes
Alabama HOA Rights Question
Is anyone on here knowledgable about legal rights of an HOA in Alabama? If an HOA wanted to implement policies with regards to screening tenants, how long is their leash? Here is the proposed language (which I do not ...
Mark Silberman
Classify as active or passive for optimal tax benefits?
My spouse and I own rental properties. Our longstanding property investments had passive loss carryovers from the earlier years that are now going down each year due to passive profits. (The rental market is very stro...
Tony Castronovo
BRRRR Question
Happy Father's Day! I am putting an offer on a property today and wanted to get some advice. My plan is to leverage the BRRRR (Buy Rehab Rent Refinance Repeat) strategy. I was going to buy the property under my LLC...