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Last year I switched from the fix & flip method to buy & hold (specifically the BRRRR method thanks to the Bigger Pockets Podcast). I am now up to 5 rentals but most lenders are telling me that I will have iss...
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I’ve come across several properties that are short sale on the MLS. Could anyone provide me with their own insight or knowledge of these in terms of pros and cons or the general process? Thanks in advance!-Alex
***June 2020 NEW UPDATE***: As a follow-up from my deal in contract below, I am thankful we are still in contract due to Covid-19. But now, the Buyers want to renegotiate a lower purchase price significantly reducing ...
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First of all, thank you to everyone on here for the incredible information and being so open about your experiences. Hopefully I can help someone else while being open with my process. Below I will be recapping what...
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Hi I'm purchasing a property on 8/31/2020 in Wisconsin that has a month to month tenant that will come with it. The current owner is using a local property management company. I'm unsure what will all happen before an...
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Hey Guys,
I am just done with college and ready to take on the world. In the process to make financial decisions my parents tend to weight heavily on what they thing I should do which also carry poor financial decisi...
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I've got a 5/2 SFR ranch. Layout is 3/1 main, 2/1 fully finished basement. The basement has a full kitchen as well. I'd like to maximize cash flow, so the intent is to rent by the room. I know other investors have ha...
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Looking for opinions: how much positive cash flow should you make monthly off a rental property. To me $200 really isn't worth the hassle, but when you get up to around $300 that would make it worth it. My bottom l...
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What are some ways to encourage and even incentivize a tenant to take good care of a freshly renovated rental unit? In the case of a SF home, it's already more likely they will feel ownership. But how can you go furth...
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So this is my situation, through my beginning marketing I ran into a gentleman that does a lot of property management and works with 3 millionaires investor friends that he brings in for bigger deals when he can’t do ...