My partner, Account Closed and I have been on an incredible journey for the last 12 months! We started our real estate investing business about a year ago, with the goal of retiring from our W-2 jobs within 3 years. W...
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I'm one year into being a landlord, and I loved it for about the first six months--in spite of numerous challenges. I could handle it! My motto was "Nothing's gonna stop this cowgirl!" I rode high in that saddle.But t...
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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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Hello All,
Currently starting a REI business with multiple family members and looking to network to build our team. We are spread out between Maryland and Virginia and looking to invest in these markets as well as th...
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Hi BP and Miami BP,I’ve really got to rep Miami because I don’t feel that we here in South Florida put our successes out as much as we should. I have successfully completed my first BRRRR and I have learned so much.Fo...
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I came across this site called the Clever Investor and I am curious if anyone has heard of this? Is it a legitimate company or just another one of the real estate scams out there? Any info would be greatly appreciated...
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Hello, BP!
I am currently saving up for my first property and my goal is to have my first rental property in Houston, TX by the end of 2018! I am starting to become a lot more familiar with REI but one thing I’m conf...
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So I was listening to the podcasts the other day - and I could have heard wrong - but a guest said that they always come in at 70% of the asking price and then deduct rehab costs below that number. When I run this ou...
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I have a house that has some active knob and tube wiring still in the house. I have been gathering quotes to update all of the wiring and update the panel but the quotes are coming out a lot higher than I was expectin...
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Dear BP Community,
3 months and 1 RSI later (true story) I am happy to share with you the complete analysis of the Famous Four section of the first 365 Real Estate podcasts, which corresponds to the 7th anniversary o...