Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Updated almost 6 years ago,
Long Distance BRRR Newbie
Hello Everyone,
Thank you in advance to everyone for provided feedback and important lessons to my question.
I currently live in Los Angeles CA.
I heard the podcast episode about Long Distance BRRR investing, it struck my fancy.
My goal is to BRRR and be $70K MAX all in and have an ARV of 100k-120K that comply with the 1 percent rule or near it.
I would only like to long distance BRRR in landlord friendly states ( TX has been attracting my attention lately)
I wanted to see what I really need to know in order to do this successfully in San Antonio.
Is my goal doable in San Antonio ? Are there any other states that are good for these numbers?
I would preferably like to be in C plus to B neighborhoods with strong job growth.
Also any recommendations on how to run numbers properly for this? I need some practice analyzing deals. Any suggestions?
Thank you,