Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago,

User Stats

31
Posts
26
Votes
Mwazomela Thurmond
Agent
  • Realtor
  • Newport News, VA
26
Votes |
31
Posts

Fix & Flip or BRRR or PASS

Mwazomela Thurmond
Agent
  • Realtor
  • Newport News, VA
Posted

I went to preview a property and the asking price was more than expected. The stairs need to be completely redone and it's not possible to do a electric chair lift. It has a 1st floor primary bedroom and a owner's bathroom that needs to be gutted. And landscaping needs attention. The rent from that home because it's within 10 minutes to downtown would work in about 4 years or so but the profit margin now so low if I offered anywhere close to asking, I'd be loosing money. 

Would you buy this home as a Fix and Flip or BRRR or keep looking and why?

  • Mwazomela Thurmond

Loading replies...