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Updated over 4 years ago on . Most recent reply

User Stats

38
Posts
12
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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

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13,507
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19,590
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
19,590
Votes |
13,507
Posts
Joe Villeneuve
#5 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"?

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