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Hi all! I currently have $54,000 saved up should I continue saving for brrr (the reno cost) or should I go with a traditional loan and rent it to tenant. Of course in both cases I will look for great deals, but I can'...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $305,500
Sale price: $457,000
This was my first real estate deal. I brought this property right before the pandemic...
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Here is the situation. The home owner has an owner financed note remaining of 90K. Minimal to no repairs. ARV 185,000. Her note balloons or expires in 2017. Set up in 2012. I suspect it was not done to frank Dod...
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Hi BP! This is my first post, and I'm really excited to get some feedback from some more experienced investors here. My question is as follows...when considering the purchase of a fixer-upper property to fix, hold, an...
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Hello, Community. Looking for input on pricing of a house that needs major work. Comps in the neighborhood are in the mid-$650's. Don't want to get an estimate for repairs so as to avoid any need to disclose, but may ...
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For a passive portfolio what amount of capital expense do you set aside? Do you do a set amount per unit or do you just do a general fund? If you do a bulk fund what is the set amount you use?
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Hey BP,I got set up with an agent and am getting all new houses on the market in my target areas with target specs sent to me as they come up. I've noticed a 4-unit property that has been reducing its price by $100 e...
Hi, I bought a 1 bdrm condo in southern NJ for $120k in 2006. I moved across the country in 2014 to further my career and want to know what I can do to get this albatross off my ledger. I just bought a house in my new...
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Hi All,My real estate agent came to me with a pocket listing from another agent. The owner is asking 210 for a 3bed 1 bath SFH (about 890 sf) in a pretty good location. The seller is asking for an offer before they...
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My questions for the group is what are the best ways if any to put less down when adding to rental portfolio. The brrr method would allow me to get my money back out and repeat but if im looking at houses that need mo...