Hi All,My colleagues and I are planning our first real estate endeavor on a rental property. We are in California, so we are set on purchasing out of state. From those of your that have invested out of state, what i...
So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...
I've recently came into a few dollars and I have been interested in multi family small apartments. Any suggestions would help,Such as a broker that specializes in the multi family arena. I reside in Knoxville TN. By t...
I'm an OOS rookie REI that was born/raised on West Toledo. Interested in investing a little extra $$$ on the front end with the hope of getting higher quality tenants and fewer maintenance headaches. Anyone have expe...
Hello everyone,
First post here.
Backstory:
I am currently putting together a group of 4 friends to begin investing in cash flow properties using the BRRRR strategy this fall in the midwest, preferably Indianapoli...
I'm thinking of changing the old bath tub to a jacuzzi bathtub in one of my rental. I had it in one and it rented out pretty fast at a good rental price, it will probably cost me $1000 to do what do you guys think? I ...
Please help BP
I have a property in Detroit, MI on contract for $20,000. House has been vacant for over a year. House needs the basics:
-Plumbing (bath room and basement)
-Flooring (carpet, hardwood needs to be refini...
Hey y’all,I’m looking at purchasing a 6 unit apartment complex in a rough side of town. This side of town is known for higher crime rates and is just plain rough. I don’t live in the area so I had a family member driv...
Hello everyone!Absolute newbie here! It feels a little intimidating coming out of lurking status to introduce myself, but I guess we've gotta start somewhere right? I've always been a BiggerPockets fan and have always...
Looking for someone who can give me directions to get good reliable info in detroit market. I heard a podcast with ashley and i know she is bussy. Im only looking for where to begin in that market. My current market i...