I bought a house in 2009 and took a loan out for 190kI have it down to 169k(I was getting a good deal because it was selling for 239k back then and the seller was DESPERATE due to personal reasons.) Now the market is ...
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Hello Bigger Pockets,I am a recent college graduate and currently work as a leasing consultant for a large high rise in downtown Los Angeles.Previous to this, I was an assistant to a commercial real estate broker so I...
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How's it going everyone?
I have been doing some research and I've known about this 50% rule for a little while but never quite understood when applied to property. Every multi family property I use this screening meth...
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Hello BP, I have a property or two picked out that interested in BRRRing but before jumping in, I would like to run the numbers by you to see if there is anything I am missing. The numbers have been pulled from MLS an...
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My name is Kenny and i’m 21 years old. I’ve always been a money-knowledgeable young man; credit (760 score), stocks, roth ira, 401k, etc. My next goal is to get my first rental property before i turn 24. I just starte...
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Right now I have some cash sitting in savings. I had plans to invest it, crazy to think just last week I was putting in out of state offers, but I personally won't be doing any investing the next couple months amidst...
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BP,So I ran across something that got me thinking yesterday while making offers. Maybe someone can give me some guidance. Let's say that I have a property with an ARV of $100K that needs $25K worth of work. Let's also...
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So, what I'm finding with hard money (still having trouble finding private money) is that many HML will lend up to about 65% of the PURCHASE price of the property (not the ARV)... leaving the purchasing investor to co...
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Corny Topic Title aside. This post is about a potential BRRRR Investment that I found in my area. Full disclaimer this is pretty much just a hypothetical deal, as I am currently not in a position to purchase this prop...
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So we inherited tenants from the previous owner and now have to get the HVAC unit replaced because the dogs piss left a whole in the outside unit, causing Freon to leak out. This has prevented the unit from being repl...