Brian Beadle
Move a bedroom to the basement to create master suite??
Hey all, I am currently looking at a property and it a 4/3 1880 sf with a finished basement and all bedrooms upstairs. I like the fact that all the bedroom are upstairs but to do this, the builder made the master the ...
Hilda Sandoval
Rent Collection Apps and Managing Multiple Property Bank Accounts
Hello Everyone!
I am excited to share some news with you—I recently purchased my first rental property last week, and I'm currently conducting viewings for a second one! As a new landlord, I am eager to learn from yo...
Jon Q.
How to Get Rich: it’s no secret
How To Get Rich:
(and it’s no secret)
(1) Be Efficient with Your Time & Money
“In short, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two words: industry and fr...
Tarek Emam
Brrrr how bad of shape should i buy my property
Hello All,
I am looking for my first Brrrr property and my question is, when looking for properties to implement the BRRRR method, how bad of shape should a house be? Should the property be gutted to the studs? Sho...
Chris Collins
Not even close to the 50% rule, why are my calculations so off?
When I've been analyzing deals, I've been getting numbers that are way off the 50% rule.I know that that's only a guideline, but I'm not even close. Am I doing something wrong? Or am I being too high on my estimatio...
Daniel F. Harb
Is "HouseHacking" still doable in OC, California under $400K??!!
I am looking to buy a property the first part of 2018, and I really want to find a house hack situation (close to all my workplaces), but I am not seeing any properties that are sub $400K to benefit from the hack. I c...
Account Closed
Beginner's beginners guide #2- Personal finance.
If you are like me... You do not have a high paying job. You earn just enough, barely or not even close to "making ends meet." You spend 1/3 of your life or more wasting at a job you dislike for pay that struggles t...
Vlad Denisov
Why do we think of reinvesting for IRR?
Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...
Carnet Williams
350 unit new construction - competition or upside?
Hey you all. I am under contract on a 24 unit Class C building (one bedrooms and two bedrooms). The owner has been self managing and the property is messy and any work done on it has been "half-ass" The building has g...
Troy Peters
Don't know where to post this question, move if needed.
Im not an investor. I have aspirations of being one, and need some serious advice.I just listened to the podcast with Scott Trench, which has made me feel like what I am proposing makes more sense. Here is my story....