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Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
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Say I am an accredited investor and I want to allocate $500k for a type of investment that should be capital preserving; completely passive; and generates $100k annually in income. In general that's a tough row to ho...
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I live out of state and she has been managing my 3 investments for several years. Even when they are fully rented, I rarely show any positive cash flow, rather I just stay afloat after mortgages are paid! I feel like ...
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Lately I’ve been feeling like I’m never going to advance much further in this whole real estate business because I don’t have the money to make a deal. I’m introverted and terrible at sales and networking, so I’m str...
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I'm curious as to how many of you SUCCESSFUL investors attend college (how many years) and what did you study? are you doing both what you studied and real estate? or only real estate?
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Hello:
Although we live in Napa, CA, our real-estate portfolio is with properties in the midwest. We just understand that area the most. After looking at some multi-family properties here in Northern Califo...
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Theoretical question for you guys: Imagine you have no money and few skills. You have to become a millionaire in 5 years. How would you do it? Looking for specific and actionable answers/ideas that are accessible to t...
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Hello All,I am looking to jumpstart a (NJ) RE business (flipping/buy & holds) and was wondering whether I would benefit more from obtaining my RE license or finding a good agent? My main concern is that if I'm fli...
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Hi guys,I am currently looking to get into my first multifamily investment. I already have 1 SFH which is why my next investment I would like to go with multifamily. Preferably something smaller like 2-4 units. What a...
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Is it legal to sell a house on a wrap that you own subject to in Texas? I know there are quite a few restrictions in TX in general and wondering if anyone can weigh in on this. Thanks!