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I just had a Phoenix tenant report that she has bed bugs. She said she has thrown 3 beds away trying to get rid of them. I suggested that they probably followed her from the apartment complex that she came from and na...
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So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...
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Many of the properties in my home market that appear to be good deals tend to be in an area I would consider "C-". Far from inner-city but in the rougher area of town. My question for the experienced investors, what...
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Before I begin discussing the details of this deal I want to thank @Brandon Turner and the BP community for educating me on how to execute the BRRRR strategy.Although I have been involved in other aspects of real est...
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Hello, a family applied to rent my house. They are great and have "5 Pomeranians. All shots are up to date and they are seniors."The dogs have been living in their house (which they are selling) and things are under c...
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It is not often in life that you truly get the chance to see what you're made of - as an investor, a consumer, a citizen, a human being. For whatever reason, it generally takes monumental events - often catastrophes -...
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Hello all!I’m preparing to close in a few short days on my second investment property: a cash flowing, fully occupied 4 plex! Though I’m hoping that this new chapter in my investing career is as promising as It looks,...
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For those of you who've read Rich Dad Poor Dad, I have a question. Author Robert Kiyosaki advises to own assets, not liabilities. He says that buying your own house is a liability, since cash leaves your pocket each m...
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Hello, Please forgive me if this is common knowledge. But I'm still learning and I want to stay compliant with a fair housing laws and regulations. I'm an investor in upstate NY I have a vacant unit and a friend sent ...
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Hello all,
After reading the BP Beginners Guide, browsing the forums and reading a few titles on the best real estate book list, I've decided that investing in residential performing mortgage notes (1st posit...