Edison Nunez
BRRR ?? On 2nd Property
Hi everyone...I currently purchased a property on Auction.com for $43K and will like to apply the BRRRR strategy but have some questions. First, see numbers below.Purchase $43,000 Closing cost $4,500Rehab $2,500Rent $...
David Adams
Renting Out a Property Within an HOA
Has anyone rented out a property within an HOA? If so, what kinds of issues have you encountered given your community's restrictions? Are there any requirements when it comes to length of stay? Do you or your HOA requ...
Carter Henderson
Pittsburgh wholesaling and investing
Hello everyone! My name is Carter, Im 21 years old and currently live in Pittsburgh, PA. I attend Duquesne and have an internship at an investment firm. New to BP and real estate investing but I am pretty interested i...
Brad Simmons
Security deposits, cash reserves, syndication payouts, etc.
Several related questions...Are security deposits considered income when determining NOI? Are they expenses when they are returned? When you buy a property, should the seller turn over those deposits in cash after the...
Frank Artusa
Driving for dollars, Long Island edition
Greetings, I spent a few hours this morning driving for dollars taking the less direct approach and leaving notes of interest in mail boxes. I plan to follow up intermittently (monthly?) with the homes I have already ...
Oscar Freiman
I've been laid off and have not been able to get financing
Dear all,As per the subject, I live in Houston, TX., would like to start investing in RE (SF, MF, etc.), but I am having difficulty getting financing because of my of my current employment situation. I have cash avail...
Robert Deeb
Contact with big investor
Hello guys I recently found a broker who has a big investor behind them and they would like me to find them Distressed properties where they can rehab and sell or rent out these properties. I'm in the San Diego area....
Chetan Naik
Highest and best use analysis
Hi everyone, I recently purchased a commercial land that allows for multiple uses. My question is, who is the person who does the "highest and best use analysis" - ?Realtor ? Architect? Appraiser? Your guidance is app...
Account Closed
Rules of Investing
I have a question on the rules for investing. What types of properties do you use the 2% rule, 50% rule, and 70% rule? Can you use any of these rules for any type of property or does it depend?
Ryan Keenan
6 month reserves
Will banks count a 401k for 6 months reserves for each of your properties in regards to buying another property?