2 November 2021 | 2 replies
The easiest sell to me if you can't bring money is find a value add property and explain the BRRR method to people who have money (basically if the deal is done right their money will be tied up for 6-9 months and then they get it back at refinance), you find the deal and manage the rehab of the property.
5 November 2021 | 58 replies
I know when I did foreclosure rescue ( now basically illegal on the West Coast) I would sit with folks who were losing their home..
2 November 2021 | 5 replies
I'm not looking to turn the place into a museum, but I would like to go one step above basic with the hopes of attracting more applicants to choose from.
3 November 2021 | 1 reply
While still on refi #3, i'm basically through the other side of the BRRR strategy and here is where I stand.3 rentalspurchased at 81k +10k rehab - Refi at valuation of 125k renting for 1250purchased at 85k +10k rehab -Refi at valuation of 130k renting for 1250purchased at 250K+35k rehab - Refi at valuation of 385k renting for 2400So i'm left with no HELOC, 60k in cash, and three rented cashflowing properties.
14 December 2021 | 6 replies
I pay for community lighting - basically 2 light poles.
6 November 2021 | 19 replies
All the framers have basically said the entire roof needs to come off and the whole thing be reframed.
3 November 2021 | 15 replies
Basically the price of an RE market is based on numerous parameters two of the largest being perceived risk and perceived appreciation (property and rent appreciation).Your first investment has been outstanding.
5 November 2021 | 5 replies
When trying to initially analyze small multifamily properties (2 to 4 units) listed on the MLS in different markets, can one reach out directly to the seller's agent to get basic rent roll, expenses, and recent CAPEX improvement information to do an initial analysis of the numbers and asking price?
13 November 2021 | 3 replies
A lot of room renters expect the room to come with basic furniture as well.
18 November 2021 | 73 replies
I had basically zero basis in the property I bought it years ago for 75k