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I just have a few questions about getting financed by private investors. Also I’m planning on using the BRRRR method for more context.1. When should I ask the private investor for money? Before I find a deal? After I ...
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Hi All!
It's been a hot minute since I've been on the BP forums but just wanted to share something I'm involved with this year. I normally would not hawk a conference or product, but SECO is a great event and is a no...
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We recently acquired our first investment property. It is 12 units, 35 minutes west of Minneapolis, Minnesota. Purchase price $720,000Appraised $755,000My wife and I put $70,000 down, second mortgage on our house, and...
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Convince me why I should take the plunge and become a landlord at this time. With the #CancelRent movement, the eviction moratorium, and unemployment benefits either expiring or being attenuated, I have a hard time se...
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Hi everyone, Dave from Philly here! I’m trying to put together a check list of things to do to analyze the market I plan on investing in, and I wanted to get some ideas from you all about what I should include on it....
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A close friend of my resident manager would like to rent from me. He has two evictions on his record (which he initially lied about, but supposedly has turned his life around in the last few years, according to my res...
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For your rental properties, any repairs to the house do you charge your tenants? Do you pay for them on your own? Thanks
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Hi there - I own eight rental units in British Columbia. I have regular rentals, student rentals and vacation rentals. At this point, I am looking for cash flow which is tough to find in BC, or in Canada. The 1% rule...
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My wife has been quite successful as a realtor, and I am thinking to join her, but more from an investment perspective. Without a full-time regular job, we need to buy health/dental/vision insurance for ourselves.
I...
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Hi,
I've been reading and reading and still have yet come to an answer.
My goal:
- Better return (my saving are in stock, mutual funds, some in 2% CDs now)
_ Buy for hold, potential for appreciation, reduce my regu...