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Updated about 5 years ago,
Brrrr or rental properties
How in the world do you find a good investment property. Whether it's a flip, rental or brrr. I've been wanting to to invest in real estate for years but can't seem to find not one good deal in Jacksonville FL! I was looking at a foreclosure just now, listed for 180k, market value after repairs 230k. Probably needs 15k to fix. Rental income is modestly 1200. I ran the numbers on the BP calculator and I was negative cash flow!
this is very frustrating. Everyone makes it seem easy, but it's near impossible to find a good deal. At least for me.
please help!