Rachel Trimble
When to Rehab to Flip Vs. BRRRR
Scenario:70% ARV - repairs= purchase price70%($190k)- $80k = $30kPurchase price: $30kRepairs: $80kAll in: $110k of cash purchase plus repairs.Market rent for 3/1 in area: $1200To BRRRR you want the appraised value to ...
Bara Nwokoma
Seller Is Begging Me To Buy Her House
A seller came directly to me and asked if I can help with her situation. Of course, being the kind, helpful person I am, I told her I will see what I can do. Owner wants completely out of being a landlord. In fact sh...
Drake Espenlaub
New Agent Trying to Exit contract
Will try to keep it brief, I obviously understand no one can provide direct law advice, but my main question is.If I was not provided a signed purchase agreement before the expiration of the purchase agreement by the ...
Account Closed
[Calc Review] Help me analyze this deal
This is my first small apartment building that I'm working on for buy and hold. I would love to get your feedback and comments in event that I'm missing something.It's a 7 unit building and each unit is 2/1. There are...
Michele G.
Getting mixed advice: Cash Out Refi or Sell?
After talking to several professionals (real estate, banking, CPA, etc) I am getting conflicting advice about what course of action we should take. I am not sure which move makes the most sense for us. We have over 10...
Jason Morris
Real Estate: LLC options
Hey guys! I just closed on my first investment property a few days ago. Unfortunately for me the lender and the title company were not seeing eye to eye. I was unable to close the investment property in the LLC. I had...
Account Closed
Tech Startup is Buying Single Family Rentals (Phoenix, Dallas, Portland)
Keith Rabois' new startup, Opendoor, starts buying homes in Phoenix; Dallas, Portland nextCromwell SchubarthSilicon Valley Business Journal Opendoor, the startup co-founded by Khosla Ventures partner Keit...
William Wong
Financing for foreigners buying in the USA
What is the minimum down payment required if you are a non-US resident? I have been looking into US turnkey properties but am getting the impression that my only option is to rely on non-recourse lending. This would r...
Jeff Gammon
Adding a mini split in a rental?
Hello Bigger Pockets community! My wife and I are just getting started on our real estate journey, and this is my 1st time posting in the forum. We live in the Dayton, OH area. We have recently moved out of our hom...
Chandler Canepa
Replace carpet with laminate floors before selling?
Hello fellow BP members,
I have a question in regards to selling my Condo.
Question: Should I replace my worn out carpet with new laminate floors before selling?
I’m currently in a hot market (Temecula, CA) for se...