Charles Chiu
Does this make sense ?
Hi I am a newbie to BRRR and I am looking at a potential first deal. Here are the numbers and the way i think of it. I would love to hear your opinions. Thanks in advanced.purchase price: 150krehab estimate: 180-200kA...
Jeff L.
Explain to me how "Trading Up" a house after a few years works?
I've heard of this strategy where, instead of holding and renting a property for the length of the 30 year mortgage, you only keep it for a few years and then "trade up" to 2 properties or a better property. And you b...
Rafael Floresta
Estimating indoor repairs for a foreclosure
I got the gist of foreclosure auction here in my area, but I am still unsure of how I should estimate indoor repairs for foreclosures. I can estimate things like siding, roof, grading by driving by, but most of the...
Kyle Reynolds
Should I Sell or Rent Out My Home? Weighing Investment vs. Cash Flow Concerns
Hi BP Community,
I'm looking for advice on whether I should rent out or sell my home in Sacramento, CA. I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area ...
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Financing my first deal
I've lined up my first property that will cost me $85,000. I'll be putting down 20%. This is a 3 unit property and it will not be owner occupied. I have about $350k in equity in my primary residence. Should I just...
Patrick Shea
Buying Retail Properties to turn into Rentals
I am living and investing in ATL, well starting to invest. I am have identified my target area and the types of houses I am looking for, fixer uppers and turnkey. In the area I am looking I am able to purchase all cas...
Bellman Tumasang
How would I start a private equity firm to syndicate apartments?
I want to start a private equity firm e.g. Blue Estate LLC and raise funds such as Blue Estate Equity Fund I LLC etc. Do I set up Blue Estate LLC then start first syndication single apartment building such as 10 units...
Account Closed
How do people make money in condominiums?
I'm going to sound like a real novice on this one....How do people make money by owning condominium buildings? Not the units, but the building itself?Do the people that own the units pay them a fee? How much is it usu...
Christopher Moran
MY ATTORNEY WASN'T TO POSITIVE ABOUT LEASE OPTION ASSIGNMENTS
I had a meeting with my attorney today I wanted to have some contracts draw up for lease option assignments. He told me without being a realtor it could be risky. Is anyone in Massachusetts using lease option assignme...
Brendan Bruno
Rent or Buy before Investment?
So I am currently renting a house in western Washington (Puyallup) while getting started in investing and wholesaling so I can earn enough cash to start further investing in my goal of rental properties.My wife and I ...