All Forum Posts by: Brad Campbell

@Marc Rice is that even with taxes and insurance already in the mortgage payment? I understand this would not include any additional "landlord" insurance

@Brad Campbell also taxes and insurance being included in the mortgage

Can someone give me a way to roughly estimate the monthly expenses of a Single family home, with tenants paying the utilities, and not having a property manager (for the moment).

@Rob Bergeron I'm leaning towards starting the BRRRR process as of now, but will listen to any input especially from someone familiar with the market like you. I have a wife and 3 kids, so sharing a residence isn't quite as appealing, although I know it's profitable. I also have a construction background, so I will be able to pretty much handle the rehabs myself (I've done the entire addition/remodel on my house) unti I'm able (financially) to just hire everything out.

@Rob Bergeron I've seen you on here several times now, and would like to reach out to soon if possible. It's going to be around May or so before I'm able to start looking for properties, but would love your assistance. I am in Shepherdsville and would love to stay south, but am not at all opposed to going to Louisville. With your knowledge of the area, how close am I to being right on being able to get one started and done with $60k?

@Miller McSwain Thank you for your time. I am definitely leaning towards #1 if it's possible, which it's looking like it is. I want to borrow as little as possible, except for the refinance so I can move to the next one obviously. I guess I was just looking for someone to tell me personally I was on the right track even though all my research was saying I was.

I am in the position to refinance my primary residence, and get somewhere between 65-75k cash out. I am thinking about starting the BRRRR process, and in my area (Kentucky) it is possible with that amount of money. Any suggestions/ideas/tips?

I am getting ready to make my first investment. I am finishing up a home remodel/addition on my primary residence, and will have close to 100k equity in the house when done (owe about 100k, worth about 200k). I'm thinking about doing a cash out refinance ( getting around 60k) and purchasing a home to start the BRRRR process. I'm in Kentucky, so this is definitely possible with this amount of money. Any tips/ideas/suggestions are appreciated