Jude Cineas
Breakdown of BRRRR Method
Here is a breakdown of each step in the BRRRR method:
Buy: Find a distressed property that is priced below market value. This could be a property that needs significant repairs or one that has been on the market for ...
James Overton Winston V
Scaling with high DTI (STR)
Hi Everyone,My wife and I are looking to buy our second property as an STR. We have one STR that we've had for 7 months, in addition to our primary residence that we have had for 12 months. We have no other debt besid...
Audrey Zehner
Trying to sell my condo and buy farm, advice needed.
Good morning, first time poster, please forgive if I bypassed any steps before posting. I currently own a condo in La Mesa area of San Diego, CA. First time home owner. I purchased the condo in 2020 for $310,000 at 4%...
Andres Diego
Can you list a sub-2 house on MLS?
Am exploring Wholetail as an avenue. Seems like people typically use private $ to pay off any underlying loan before listing, but am wondering if you can simply acquire Wholetail property sub-2 instead bc it would be ...
Troy Parker
A history of my first property purchase.
Chronology of my first property purchase.
November 2023 – Preapproved for 250k. Began scanning MLS everyday to find a deal (I am my own realtor and this is my first transaction).January 2024 – After searching deals d...
John Gambone
Cash Reserve Question
Hello Everyone!I have a couple questions that I would like to get more experienced people’s thought on about Cash Reserves on SFR and Multi-Family units. And more specifically when to cap your reserve account and put ...
Zach Herbert-Burns
What are reasonable LP terms for a CRE deal?
My question is: What are reasonable terms for an LP in a commercial / multifamily investment that I can draft up and have my CPA and lawyer review? I don't want to come to the table empty handed. In order to fund both...
Eric Parrow
Long-term rent prices in Surfside Beach? (5 rows back)
I'm evaluating the numbers on a 5-plex in Surfside Beach, and hoping someone from SC can provide some insight to the area.I'm already aware of some oddities with costs (forced flood insurance, 3 hot water heaters prov...
Marty Gold
What expenses should I factor in for a rental purchase?
I want to make an excel spreadsheet to help me compare properties. I know BP offers a calculator but I like using excel. So far I'm factoring in:Purchase price, mortgage, closing costs, rehab, taxes. Also utilities ...
Oleg Serdyuk
Property management company does not provide previous tenant's social security number
A property management company is managing my investment property. The tenant left, owing a significant amount of money. As a result, I am not planning to continue working with that property management company. Now, I ...