Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
Hello all, how are you?
This is my first post at BiggerPockets. I have been browsing the forum for a few days, after reading a book on BRRRR. For me the concept of positive cash-flowing real estate (after servicing ...
If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...
I recently purchased a course on lease options that came with a number of legal documents including a purchase contract, lease agreement, and an option agreement.
I'm happy with the course but I'm...
Hi all-
As retirement inches nearer, I'm finding myself spending a LOT of time on planning, and am determined to make our money work hard for us. We live in Dubai, planning to move to either US or maybe Brisbane, sti...
I wanted to get some advice/opinions from with some experienced minds here.I plan on purchasing a new home as a primary residence this year. The idea would be to then move into a new primary residence, and rent out o...
Up until this point, I have only flipped houses, but I want to begin searching for rental units to purchase. I have heard it is best to start an LLC for each rental property you purchase, so that if you get sued, they...
What's easier to find renters for? a 4br or 3 Br or 2Br? Some people say 3 Bd/2Ba is the ideal combination. Others say you get more cashflow with a 4 bd/2,5 but you run the risk of higher vacancy because most of the t...
So I found a property that has SERIOUS potential. The duplex is owned by an elderly couple, both of which were moved into a home and this is an estate sale. Asking price is $27,900 and assessed value is $19,800. The h...