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All Forum Posts by: Michael Wang

Michael Wang has started 4 posts and replied 14 times.

Starting Out

Post: Help with ideas to make a good deal out of a situation

Michael WangPosted
  • Posts 14
  • Votes 4

Like Brandon said - instead of thinking 'it cant be done', i am thinking of 'how can i do it' :) 

0 Votes
Starting Out

Post: Help with ideas to make a good deal out of a situation

Michael WangPosted
  • Posts 14
  • Votes 4

Hey guys,

I found a property with a special situation: it has two lots - one lower lot with a house and one upper lot that is empty. Can you please share your ideas or experience of how to deal with that?

I am trying to be a buy and hold guy or BRRRR, but if I keep the empty lot, the property tax is going to kill my cash flow for sure. I dont know if it is a good idea to build another house in the upper lot and rent it? Never heard anyone build new house just to rent...

0 Votes
General Landlording & Rental Properties

Post: Biggest costs in BRRRR

Michael WangPosted
  • Posts 14
  • Votes 4

Thanks for sharing

0 Votes
General Landlording & Rental Properties

Post: Biggest costs in BRRRR

Michael WangPosted
  • Posts 14
  • Votes 4

Hi guys, i am newbie that looking into real estate investing in my area. the strategy i am looking into is BRRRR. To help me learn this business, can you please name a few big costs in rehab base on your experience?

0 Votes