Hello, I would love your take on an issue I encountered: Long story short last year my prior tenant asked me to reduce the rent from $2,200 to $1,800 and offered to do gardening and snow removal for the property. I in...
Hey all,
I am currently in a conundrum. I bought a property roughly three years ago. At year two of owning the home, we refinanced (since interest rates were so low) and have since moved out and now rent to a tenant....
Hello everyone!I have recently been in contact with a local real estate investor who's been investing for over 25 years. He agreed to take me in as an apprentice. I asked him that I would like to get into real estate ...
Hey there BP community,I'm getting ready to tie up a house in phoenix with hard money and i'm having some issues with the refinance part.Here's the deal:Purchase price: 90kARV: 135KRehab costs: 5kThe issues that i'm c...
Here's a question for you about the BRRRR. I've put this to the forums and haven't gotten any responses back yet. Here it is; When using the BRRRR method, and you refinance to pull the equity out in the form of cash ...
I am a newbie doing my first BRRR. Does anyone have a draft contract agreement that I could use or follow to get the contractor to adhere to the terms & conditions during the duration of the work? Yet still if th...
Hello good people,I'm in the inspection period for my first home purchase. The inspection report came back yesterday and it identified a few items I'm not sure how to react to. How concerned should I be about the fo...
From the onsite, it doesn't appear to be a good deal. Please give me some of your thoughts:
Type: Duplex, fairly new, not a fix-upper (mostly updated, need minor updates that shouldn't cost more than $5,000)
Asking ...
Hi BP,So after a few weeks of researching, I've settled on farming in NE DC and PG County Maryland to fix/flip. Is anyone currently investing in that area and, if so, what are your thoughts on the outlook for those ar...
Greetings to All. Hope everyone had a festive holiday. I have an opportunity to purchase a 2 family frame and a 1 family frame house that sits on one lot. Neighborhood is A, if not A+ with great school. It's in a de...