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Updated over 5 years ago on . Most recent reply

User Stats

46
Posts
1
Votes
AJ Felix
  • Rental Property Investor
  • Prairieville, LA
1
Votes |
46
Posts

Inspecting Properties During the BRRRR Process

AJ Felix
  • Rental Property Investor
  • Prairieville, LA
Posted

So as I have read so much information related to real estate investing I am left with some questions that appear unclear. As a BRRRR investor analyzing so many deals and making offers on even a smaller percentage of those deals when and how does one inspect the property? I am confused when inspections would take place. For example, I analyze deals that meet my criteria and as I analyze the deal in order to make an offer I would need ARV (which could be determined by comps) in addition to max price I am willing to pay based on analysis that would make the property a good deal. In order to get to figure out if the deal would for sure be a home run I would need the Rehab estimates. How and when do I get those, do I go to 60 houses a year to inspect and if not do I use someone to do it? can someone please clarify this part! How do I get the Rehab estimates and do I do it after I put a property under contract or before?

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