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Updated over 3 years ago on . Most recent reply

Brian Oberg's profile image
Brian Oberg's profile image
Brian Oberg
  • from Elizabethtown, KY
  • Member since Dec 13, 2020
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30
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22
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Brian Oberg's profile image
Brian Oberg's profile image
Brian Oberg
  • from Elizabethtown, KY
  • Member since Dec 13, 2020
Connect
Brian Oberg
  • Elizabethtown, KY
22
Votes |
30
Posts
Starting Out

First BRRRR Complete

Brian Oberg
  • Elizabethtown, KY
Posted

First BRRRR complete, here are the details:

Purchase: $110,000

Rehab & Expenses: ~$75K

ARV: $202,000

Loan: $151,000

Rent: $1595

Cash Flow: ~$410

Learned a lot about permits, costs, SOWs, project management, long distance purchases.

In the end, will turn out good, but left more in it than I expected.

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Morgan Putnam's profile image
Morgan Putnam's profile image
Morgan Putnam
  • Real Estate Agent
  • from Omaha NE
  • Member since Sep 21, 2020
  • Posts 4
  • Votes 5
  • Experience 5 Yrs
  • Investments 2
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4
Posts
5
Votes
Morgan Putnam's profile image
Morgan Putnam's profile image
Morgan Putnam
  • Real Estate Agent
  • from Omaha NE
  • Member since Sep 21, 2020
  • Posts 4
  • Votes 5
  • Experience 5 Yrs
  • Investments 2
Connect
Morgan Putnam
  • Real Estate Agent
  • Omaha NE
5
Votes |
4
Posts
Morgan Putnam
  • Real Estate Agent
  • Omaha NE
Replied

Excellent work! It's important to learn as much as possible with each new investment type. Will you do a BRRRR again?

1 Vote
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