Hello, I have been trying to run numbers in Greater Seattle market and the CAP rate is barely 2%. What am I missing or is it that this market is way too expensive for buy and hold strategy. I have found a property on ...
Hello everyone, my name is Sergiu Micula. Been lurking around BP for a while and decided to join. Im 26, married, and I'm currently an auto mechanic. I have been looking to get out of the automotive business for some ...
Hey Guys,
I came across the BRRRR Strategy. It seemed very easy and clear at first but when I looked deeper into this concept, it appeared to me that it has some hidden problems. As long as I understood this method ...
Build, Refi, Rent, Repeat?So I almost got a BRRR under contract a couple months ago, but the wholesaler sold it to a personal buddy instead. Finding it difficult to find a BRRR deal in Tulsa area. I know eventually I ...
Wanted to get people's thoughts on withdrawing from my Roth retirement accounts (and taking the 10% penalty) in order to invest in real estate? I've been using the BRRRR method to purchase properties and know that my...
I'm in the process of looking for a home to purchase. I haven't found a buyer's agent I would like to commit to working with, and instead look on my own through many sources (mls, auction sites, newspaper, etc.). If...
Hello,I live in Virginia and interested in purchasing real estate in Florida. From my research, the property in Florida seems to cost less than in Northern Va. I've been told that Sanford, Winter Park and Lake Mary Fl...
We are closing on our first vacation rental property in Destin FL in a couple of weeks. I feel so ignorant about everything we still need to learn! I am seeking out insurance companies for the property. I have a list ...
Hello BP, I'm trying to get myself to the next level and here is my situation:I'm currently in the military and I bought my first VA home off of the MLS for $90k with no money down. I spent about $20k to renovate the ...
I haven't owned an investment property for move than 10 years, what are my options to create an investment with passive income?I live in Utah and don't mind investing out of state for a worthy property, but my first c...