Hi friends,I'm starting to build a portfolio of long term rentals using creative finance. I hope to use private capital to fund the entry fees in second position. Does anyone have any advice on the best way to find ...
Hello everyone! I'm a new investor from Melissa, Texas, primarily interested in multifamily properties. I've selected Collin, Denton, and Grayson counties as my investment focus.
My goals involve investing in small m...
About 20 months ago, I bought a turnkey property in a C class neighborhood in St. Louis, MO. Despite it appraising for the purchase price, I likely overpaid. In September 2023, the renter stopped paying, leading to ev...
Hi, I’m a new agent and one of the brokers I’m interviewed with mentioned the opportunity to fill out BPO reports in order to generate a little bit of income while sales are slow. What exactly does does a BPO entail...
Hey BP, how is everyone doing. I've been trying to figure this out for some time but have been unable to so I am looking for some suggestions. I currently have 3 (4plex) that I own out right in Georgia and I am look...
Hi Team - I wanted to walk through a couple of quick thoughts on what I see as the most at-risk parties in a potential recession. 1) Middle-Class Homeowners - A middle-class homeowner reliant on one source of income, ...
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
I need a strategy.
I'm retired, but never got into the BRRRR. I have $1M cash and $1.5M in paid off real estate assets, no debt, and no 'real' income. 830 FICO.
I want to leverage my assets and start BRRRR to secure...
Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on princi...