Long time lurker, first time poster.I have noticed with this BRRR model. That with many properties if I leave 10kish into a property. Many of the properties I have been analyzing will meet cash flow standards. Ho...
Hey everyone,I just finished my first flip and profited over $30k! It feels good to know that I can be confident in my numbers and rehab estimates. I was only a couple grand off, which I feel pretty good about. Did...
I have my first house ready for wholesale and I am not sure how to fill out the "Person of Sale" form, as well as how I should go about reaching out to buyers.... Is there anyone willing to share some information? Als...
I’m a small time investor, have been a landlord for my 4 units for the last 8 years and I’m also an entrepreneur. I’m reaching out to BP’ers who have a lot more experience than I and can offer some sound unbiased advi...
Anyone have advice about buying and short term renting a condo or apartment from a building? I see some deals that look decent and wondered if it's worth it and if the laws make it possible or a pain to short term ren...
Hello everyone, hope everyone is investing happily and profitably! I have found a circa 1921 quadreplex in one of the best areas of Raleigh, NC. Its in an area which is extremely desirable for renters and buyers. Th...
Negative Cash Flow, 2 Family - Advice & Analysis
Introduction
The following information is a bit painful to post; pride I guess; embarrassment for sure. I will be outlining the details of ...
I invest in Joliet IL which is a somewhat low income area of older homes. I bought this house for 40K, put 20K into it and brought it up to our standards for a rental. We have a new tenant moving in within a week. The...
Hi, I am not the best at thinking outside the box and from listening to the podcast I can tell that sometimes you have to think on your feet to make a deal work. I was wondering if you could post some unique and creat...
We're trying to find our first deal and stumbled into a little bit bigger one than we anticipated. We got a deal for 300k on 2 acres. 15 units, 3 duplexes and 3 empty units. They're low to middle income and the gross ...