BRRRR and Rent by the Room: Retire from Real Estate with few properties with Ron Gallagher
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- Опубліковано 2 сер 2024
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Renting properties by the room is how I did it. It is SO lucrative.
Millennial 💰,wow, I saw your interview, nice and good luck🥰
@@nicanorthompson2432 Thank you!
As someone who's been doing this in my house since 2008, watching these videos and hearing BP people talk about this "strategy" like it's rocket science or something new is a bit upsetting. To me it was common sense. Here in Ohio it's called a frickin Rooming House. Maybe I'm just salty that I was never asked to be on one of these videos! 😤
I've increased my individual bedroom rates by $370 since 2008.
2008: $425/mo
2022: $795/mo
Also 2022: Airbnb those same rooms for $1000+/mo
Great videos, as usual! But the repeating guitar riff is a little distracting.
🤘
I love watching your videos
I can't wait for this
Keep it up dude
A lot of scammers in the comments, everyone. Beware
Love it! Working on furnishing my 1st one now.
I have a friend who does this method here in dallas and he loves it. now i wanna pick his brain some more
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What kind of property management software do you use?
Ive done this but not correctly-seems like I was breaking even!!! SHOW ME THE MONEY!!!
Lesson learned: always waterproof basements in flood prone regions.
I do this and yes it's amazing the big problem is I'm running into difficulty getting investor loans as for some reason Fannie Mae doesn't count rental income from per bedroom rentals. How did you get around this issue? Portfolio loans? I get 30 percent more revenue so I could do private money and still be more profitable
Happy Xmas 🥳♥️💥
Russell is great, we hope to be working with him soon!
Fake account guys do not listen to what this "BiggerPockets" is saying.
that was very short 🤔
water went up 6'? This dude 8' tall? lol
This is such a great episode! I recently purchased my first rental property in Brooklyn NY and I was thinking about if I should rent the entire unit or rent the the room
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Could have just bought as a single family primary and then rented afterwards
Buying an occupied property is good because there're already renters. But it sucks because you could be inheriting problem squatters.
Good information, but please re-release without the horrible useless music
how do you find properties to rent by the room if most HOAs restrict it to 2 unrelated people under one roof?
Not as informative as I hoped.
I was thinking the same thing. I looked forward to watch it because it showed when this episode will be premiered. It would've been nice if he broke down the numbers. Maybe they could've made the episode longer to be more informative.
I rented out the room in my home $600 each, 4 rooms total with mortgage of $1,200
It was a good run but now I’m selling the house due to the low interest, high demand for homes and I’m expecting to pay the bank back and cash out. Cash out and move to something bigger and better.
Thanks for your comment there's a gaining key on how to invest more into Bitcoin right now, I'll advice you contact my account officer on Whats-App for assistance if you want to make great profits
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Did you bill back utilities as he mentioned? If so was it a cap or just whatever they were?
What’s with all the scam comments on bigger pockets vids, and the constant random Bitcoin nonsense?
Thanks @rongalllagher for being totally transparent I am all of the info. I’m in DC doing the same rental type. Hopefully we can connect one day