Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 about 4 years ago on . Most recent reply

User Stats

38
Posts
12
Votes
Jesus Sosa
  • Rental Property Investor
  • Anderson, SC
12
Votes |
38
Posts

What do you consider to be a HOMERUN deal?

Jesus Sosa
  • Rental Property Investor
  • Anderson, SC
Posted

Good Evening BP community, today I drove by a property with a "for sale by owner" sign in their front yard. I made the call and was given their asking price. After running some numbers, I realized this property has a great opportunity for its area. I finalized my deal and considered it to be a great deal! Yet, I am not quite sure what price would make it a Homerun! This is a SFH planned for a BRRRR exit strategy.

What numbers would classify your investment(s) as a HOMERUN?

Most Popular Reply

User Stats

13,381
Posts
19,414
Votes
Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,414
Votes |
13,381
Posts
Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

Why do you care?  You got a good deal you said.  If you get a better deal, than you get a better deal.  Why do you care if it is labeled as a "homerun"?

Loading replies...