All Forum Posts by: Bryan Berrios

Thank you guys. This all helps! 

Ahh ok thank you! Apparent one side is being rented by week so… l’ll have to call and get some info then. Thank you.

I'm looking at a duplex that has been on the market for about half a year. I'm assuming it's been on so long because the pictures show it is highly outdated. Despite that, the listing says both sides are currently being rented out. My question is, how do you plan a rehab for a property that has tenants in it? An eviction? Do leases lose authority over new owners? If I were to buy this property, I would want to rehab the whole house and rent it for more than it's getting now. Any help is appreciated. 

How do people estimate rehab costs when driving for dollars for off market properties when all you ever see is the outside? Like if a property is vacant with out of state owners? You obviously can see the state of the exterior but you don't know if there's messed up plumbing or if it's trashed inside. For example, how does a wholesaler see a distressed property and find the info for an accurate rehab estimate to be able to present it to an investor? 

After winning a bid, what are the steps you go through to get a property ready? Do you get inspections? Painting before Flooring? A basic run down will be appreciated as I plan on bidding on a foreclosure tomorrow!

I recently read Jim Kwik’s book Limitless and it has changed my perspective on how important reading is and how to do it well. Now with this knowledge I’d like to know of books that can bring huge value to me or others reading this post. If you can please comment 3 (or less or more) books that have brought you growth in becoming a better overall person I would highly appreciate it. It could be real estate related, business, spiritual or whatever. I’d love to hear and read the books you guys suggest. Thank you!

Hello everyone! What banks would you recommend for separating expenses? After buying my first house in January I’m finally getting around to putting it to work. I will be AirBnBing half of my house off. Which banks offer good benefits for a side hustle like this? Thank you :)

Ive bought my first house and I’m still fixing it up but I’m wondering when I’ll be gearing up to buy a new one. If we are talking straight loans and no creative stuff, I’ll have to save money for a down payment. I have about $12000 in stocks with $10 recurring per day. (An experiment, like people spending $10 on food per day). I was wondering would it be smart to take that money out and to use it for real estate? It was supposed to be a slow growth in the background which eventually would be a retirement if nothing else worked out but now I might be thinking different. Any thoughts?

I finally closed on my house last week. 4 bed 2 bath and around 2000sq ft for a purchase price of 204000. I will be doing all if not most of the renovations myself and honestly I am excited and overwhelmed thinking of the project. Either way though, I am now a home owner and the journey has officially started. Thanks to the people who helped. I will probably be asking for a lot of opinions here soon. So glad the real estate investing has such a supportive community that encourages people to grow.