All Forum Posts by: Anthony Heatley

@Jacob Long, you should send a message to @Ryan Blake he should be able to give you more info.

Thanks for the solid advice guys I really appreciate it. @Jaysen Medhurst @Kenneth McKeown @Frank Wong @Bart H.

@Jim Cummings Thanks for your recommendation!!

@Bart H. I really appreciate your point of view. I was really focused on buying at a discount and being to add value. But you're saying that it could be more advantageous to pay closer to market value if that means that I don't have to pay cash or spend the time and money on a rehab. In this case, I may not get the greatest monetary return, but the learning experience and possible appreciation could make up for that.

Is this what some people would call an "appreciation play"?

Hey @Frank Wong thanks for the feedback! You're right, I highly doubt I would get the property for that price. I was just practicing my analyzation skills and trying to see what number would make this a good deal. It sounds like you're saying that even when learning, I should only focus on realistic deals so I don't waste my time, right?

Good evening BP,

Can someone recommend a good company that I can use to study for my realtor's license? There's a lot of conflicting reviews about countless companies, and I don't want to waste money/time. I'd like to get a license in Texas, if that matters.

Thanks in advance!

@Jaysen Medhurst Thanks for explaining that!! So would you pull permits during the due diligence period, right?

@Jaysen Medhurst I found the property record and its a 3/1. I've heard the phrase "pulling permits" before but I don't know what it means exactly. 

I kept adding the property tax amount but the calculator wasn't showing it for some reason. 

I'm not sure if there are any utilities that I would be responsible for. I just assumed that the tenant pays utilities in a SFH.

I really appreciate the feedback it helps a lot!

@Kenneth McKeown I see. So did you end up paying retail for your MFH when you househacked?

View report

*This link comes directly from our calculators, based on information input by the member who posted.

This looks like a pretty good deal to me if I could stay on budget. There was one discrepancy about whether the house has 1 or 2 bathrooms but I can just call and ask, right? How much value does another bathroom add to a home on average?

I was also curious how the BRRRR strategy would work if you were to owner finance the home. Would it be possible to use a HML just for the repairs?

I'd appreciate any feedback, thanks!